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24 lis 2023 · The most dramatic IRS rate change during the 2010s happened in 2011 when the IRS raised the cents per mile reimbursement rate to 55.5 cents from 51. The culprit? You guessed it: oil prices.
- IRS Mileage Rate Midyear 2011 & Economic Conditions
In the annals of fiscal history, the extraordinary mid-year...
- IRS Mileage Rate Midyear 2011 & Economic Conditions
Find standard mileage rates to calculate the deduction for using your car for business, charitable, medical or moving purposes.
Click to view current & historical IRS Mileage Reimbursement Rates for the years 2000 thru 2019. Be careful: Google often displays outdated/inaccurate info! The rates on this web page have been manually verified by the site administrator.
The rate will increase to 55.5 cents a mile for all business miles driven from July 1, 2011, through Dec. 31, 2011. This is an increase of 4.5 cents from the 51 cent rate in effect for the first six months of 2011, as set forth in Revenue Procedure 2010-51.
Beginning on Jan. 1, 2011, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 51 cents per mile for business miles driven. 19 cents per mile driven for medical or moving purposes. 14 cents per mile driven in service of charitable organizations.
1 sty 2011 · Mileage Pad is a web application that helps you track mileage driven for reimbursement and tax purposes. It simplifies tracking by automatically using the correct IRS Standard Mileage Rates based on the date of your trip.
In the annals of fiscal history, the extraordinary mid-year recalibration of the IRS mileage rate in 2011 shines as a beacon of adaptability amid economic turbulence. The convergence of inflation, rising gas prices, and shifting living costs coalesced into a catalyst that propelled regulatory adjustments.
