Smartphone mile tracker and trip log for iOS and Android Phones

Archive for the ‘new rates’ Category

IRS Announces 2012 Tax Deduction Rates

OK, they’ve finally posted the new rates! Very little change from the mid-2011 rates. Here’s an excerpt from the official website: “Beginning on Jan. 1, 2012, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 55.5 cents […]

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IRS Increases Mileage Rate to 55.5 Cents per Mile

For the second time in three years, the IRS is making a mid-year increase in the deduction rates for miles driven for business and medical/moving. It’s a nice little healthy jump too! For July 1st through December 31st: Business rate is now 55.5 cents/mile (up from 51)Medical/Moving […]

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New IRS Rates: Effective January 1, 2009

The IRS has issued its new tax deduction rates for 2009. Come January 1st, please email yourselves a full report of your 2008 trips, and then clean out the Trips List. Then change the rates for your businesses/charities/medical/other categories to the following: Business: $.55/mileCharity: $.14/mileMedical: $.24/mile

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