HAEFELE FLANAGAN

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2010 STANDARD MILEAGE RATES

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2010 Standard Mileage Rates and Employee Reimbursement Rules

The IRS has released the 2010 optional standard mileage rates that may be used by employees, self-employed individuals, and other taxpayers when computing the deductible costs of operating an automobile (including cars, vans, pickups or panel trucks) for business, medical, moving or charitable purposes. 

Business Mileage Rate

The standard mileage rate for business mileage will be 50 cents per mile.

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