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Posted: Wednesday, January 4, 2012

2012 Mileage Rate

The Internal Revenue Service has announced that effective January 1, 2012, the standard mileage reimbursement rate will be 55.5 cents per mile. This is unchanged from the mid-year adjustment that became effective on July 1, 2011. The IRS website has more information on standard mileage rates for 2012.

Submitted by: Paula J. Mis
Also appeared:
Tuesday, January 17, 2012
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