Standard Mileage Rate Change
Effective July 1, 2011, the standard mileage rate for businesses has been increased to 55.5 cents/mile. The rate is good from 7/1/11 to 12/31/11. The rate is a 4.5 cent increase from the previous amount of 51 cents per mile that was effective 1/1/11 to 6/30/11.
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