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CPAsNET Firm Of The Month

January 2012

 

The IRS recently issued the 2012 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

Beginning on Jan. 1, 2012, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:

CPAsNET.com
P.O. Box 7648 solutions@cpasnet.com phone: 609-890-0800
Princeton, NJ 08543 January 23, 2012 fax: 609-689-9720