Tax Guru – Ker$tetter Letter

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Posted by taxguru on June 21, 2007

IRS has been asked to consider mid-year increase to standard mileage rate – I’m surprised it’s taken this long for someone to request an updating of the per mile rate.  Whether IRS changes the rate or not, it’s a reminder of how important it is to keep track of actual operating costs for each vehicle for the year.  As with just about everything financial, this is very easily done with QuickBooks.

 

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