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Business Mileage Rate Decrease The IRS has announced
that the optional mileage allowance for owned or leased autos (including
vans, pickups or panel trucks) is 50¢ per mile for business
travel after 2009. That's 5¢ down from the 55¢ allowance
for business mileage during 2009. Further, the rate for using a
car to get medical care or in connection with a move that qualifies
for the moving expense deduction is 16.5¢ per mile, down 7.5¢
from the 24¢ per mile allowance for 2009. |
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