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December 14, 2011 - Industry News

IRS 2012 Business Mileage Rate Unchanged From July 2011

WASHINGTON – The IRS announced the optional standard mileage rate for business use of a vehicle is unchanged from the rate announced in July 2011, at 55.5 cents per mile.

Tags: IRS, mileage reimbursement rates, business miles

March 15, 2011 - Industry News

IRS Announces New 2011 Auto Depreciation Limits

WASHINGTON – The IRS has published updated guidelines for 2011 for inflation-adjusted depreciation limits and lease inclusion amounts for passenger vehicles.

Tags: IRS, vehicle depreciation

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