1. Welcome to Baptist Board, a friendly forum to discuss the Baptist Faith in a friendly surrounding.

    Your voice is missing! You will need to register to get access to all the features that our community has to offer.

    We hope to see you as a part of our community soon and God Bless!

IRS to Change Rate of Mileage Deduction Limits

Discussion in '2008 Archive' started by Revmitchell, Jun 24, 2008.

Top Posters
  1. Revmitchell

    Revmitchell Well-Known Member
    Site Supporter

    Joined:
    Feb 18, 2006
    Messages:
    52,030
    Likes Received:
    3,657
    Faith:
    Baptist
    The IRS plans to raise the amount of automobile mileage that businesses are allowed to claim.

    The IRS made the addition to help assist businesses and charities struggling with high gas prices. Business vehicles will now be able to claim operating costs of 58.5 cents for the last six months in 2008--up from last year’s deduction level of 50.5 cents.

    More Here
     
    #1 Revmitchell, Jun 24, 2008
(You must log in or sign up to post here.)
Loading...