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Sunday, January 06, 2008

Fw: IRS 2008 mileage rate

Sent via BlackBerry from T-Mobile

-----Original Message-----
From: Mark Hertzberg <hertz@WI.NET>

Date: Sun, 6 Jan 2008 18:10:18
To:NPPA-L@LISTSERV.CMICH.EDU
Subject: IRS 2008 mileage rate


For members who deduct the difference between what their company pays
for mileage, and the IRS rate:

http://www.irs.gov/newsroom/article/0,,id=176030,00.html



IRS Announces 2008 Standard Mileage Rates; Rate for Business Miles Set
at 50.5 Cents per Mile

IR-2007-192, Nov. 27, 2007

WASHINGTON — The Internal Revenue Service today issued the 2008
optional standard mileage rates used to calculate the deductible costs
of operating an automobile for business, charitable, medical or moving
purposes.

Beginning Jan. 1, 2008, the standard mileage rates for the use of a
car (including vans, pickups or panel trucks) will be:

* 50.5 cents per mile for business miles driven


Mark Hertzberg=