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Current Standard Mileage Rate |
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IRS Tax Regulations
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Page 3 of 5 IRS Raises Mileage Rate to 48.5 Cents For Remainder of 2005!The new rate starts September 1 through January 31. 2005 Standard Mileage Rates Announced by IRS
The IRS has announced the rates for mileage expense deductions beginning January 1, 2005. The new standard business mileage rate will be 40.5 cents. Click on the "Next" link for other specific rules regarding the standard mileage rate and for rates approved for previous tax years. |