Small Business Reading Room


Thursday, December 03, 2009

 

IRS Publishes 2010 Standard mileage rates

It's that time of year again.

The Internal Revenue Service has issued Revenue Procedure 2009-54; aka the 2010 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

Standard mileage rates
(1) Business 50 cents per mile
(2) Charitable contribution 14 cents per mile
(3) Medical and moving 16.5 cents per mile
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Delaware Intercorp, Inc.
113 Barksdale Professional center
Newark, DE 19711-3258

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