Effective Today: New IRS Mileage Reimbursement Rate
The IRS, taking pity on drivers fueling up at increasingly costly pumps, has upped the mileage reimbursement rate to 55.5 cents per mile for all business miles driven from July 1, 2011, through Dec. 31, 2011. This is an increase of 4.5 cents from the 51 cent rate in effect for the first six months […]
