Updated IRS mileage guidelines for 2008

 

PURPOSE            1/1-6/30/08    7/1-12/31/08

Business                   $0.505               $0.585

Charitable                  0.14                    0.14

Medical                       0.19                    0.27

Moving                        0.19                    0.27

 

See Internal Revenue Service Announcement 2008-63 and Rev. Proc. 2007-70 for details @ irs.gov