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Tax Guru-Ker$tetter Letter
Wednesday, November 01, 2006
2007 IRS Mileage Rates


IRS Announces 2007 Standard Mileage Rates

 Beginning Jan. 1, 2007, the standard mileage rates for the use of a car (including vans, pickups or panel trucks) will be:

  • 48.5 cents per mile for business miles driven;
  • 20 cents per mile driven for medical or moving purposes; and
  • 14 cents per mile driven in service to a charitable organization.

 This info has been added to my Quick Reference page.


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