Wednesday, November 21, 2012

THIS JUST IN!


As per IRS Notice 2012-72 - beginning on January 1, 2013, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:

 •56.5 cents per mile for business  

 •24 cents per mile for medical or moving

 •14 cents per mile in in service of charitable organizations

A penny increase each for business miles and medical/moving miles.  The 14 cents per mile for charitable miles is set by the idiots in Congress, and hasn’t been increased in a dog’s age.

TTFN

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