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Tag Archives: IRS mileage rate

Increase in Optional Standard Mileage Rates

The Internal Revenue Service today announced an increase in the optional standard mileage rates for the period July 1, 2011 – December 31, 2011.  The mileage rates are usually only updated and published once a year, but recognition of recent gasoline price increases prompted the IRS to make this special adjustment for the final half...

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