Tax Guru-Ker$tetter Letter
Wednesday, November 01, 2006
2007 IRS Mileage Rates
IRS Announces 2007 Standard Mileage Rates
Beginning Jan. 1, 2007, the standard mileage rates for the use of a car (including vans, pickups or panel trucks) will be:
48.5 cents per mile for business miles driven; 20 cents per mile driven for medical or moving purposes; and 14 cents per mile driven in service to a charitable organization.
This info has been added to my Quick Reference page.