QUICK LINKS: Micromarkets  |

VT Classifieds

|

Buy a Classified Ad

|

Editorial Calendars

|

Circulation Data

|

Downloads

|

Bookstore

|

Operators Date Book

Search:  Follow VendingTimes on Twitter 

Bookmark this site



 
Issue Date: Vol. 51, No. 1, January 2011, Posted On: 12/27/2010


IRS Announces 2011 Standard Mileage Rates


by Staff Reporter
Internal Revenue Service, IRS, standard mileage rates deductible costs, automobile expenses, vending machine operator, vending fleet, route fleet, vending route
WASHINGTON -- The Internal Revenue Service has issued the 2011 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

Beginning Jan. 1, 2011, the standard mileage rates for the use of a car, vans, pickup or panel trucks will be 51¢ a mile for business mileage; 19¢ per mile driven for medical or moving purposes; and 14¢ for every mile driven in service of charitable organizations.

As always, taxpayers have the option of calculating the actual costs of using their vehicle rather than using the standard mileage rates.


Topic: Small Business News

Articles:
  • Small Businesses Change Hands At Rapid Rate, Restaurants And Retail Leading the Way
  • Small Businesses Check Crystal Ball To Predict Prospects For 2014
  • Gas Prices Poised For A Volatile 2014
  • Insurance Website Says America's Worst Drivers Are In South
  • NAMA Signs Letter Of Support For 'Small Business Fairness In Obamacare Act'

Copyright © 2014 Vending Times Inc. All rights reserved. 
P: (516) 442-1850 | F: (516) 442-1849 | subscriptions@vendingtimes.net
55 Maple Ave. - Ste. 304, Rockville Centre, NY 11570