Comments on: Deduct Your Miles at 58.5 Cents Each http://www.consumerismcommentary.com/deduct-your-miles-at-585-cents-each/ A premier personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Sat, 26 May 2012 03:47:27 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Kevin Waldron http://www.consumerismcommentary.com/deduct-your-miles-at-585-cents-each/comment-page-1/#comment-159117 Kevin Waldron Tue, 24 Jun 2008 18:50:41 +0000 http://www.consumerismcommentary.com/?p=3376#comment-159117 Thats nice, but at the rate costs are going up private business can't keep up. My wife's workplace couldn't offer her a comparable package because they were locked into a rate with the county. Thats nice, but at the rate costs are going up private business can’t keep up. My wife’s workplace couldn’t offer her a comparable package because they were locked into a rate with the county.

]]> By: Richard http://www.consumerismcommentary.com/deduct-your-miles-at-585-cents-each/comment-page-1/#comment-159113 Richard Tue, 24 Jun 2008 18:35:15 +0000 http://www.consumerismcommentary.com/?p=3376#comment-159113 If I own my own small business, can I deduct miles from my taxes at this rate as well? If I own my own small business, can I deduct miles from my taxes at this rate as well?

]]> By: Flexo http://www.consumerismcommentary.com/deduct-your-miles-at-585-cents-each/comment-page-1/#comment-159112 Flexo Tue, 24 Jun 2008 18:29:39 +0000 http://www.consumerismcommentary.com/?p=3376#comment-159112 Matty: You're right -- private employers aren't required to follow the IRS mileage rate but many large employers do. Matty: You’re right — private employers aren’t required to follow the IRS mileage rate but many large employers do.

]]> By: matty dread http://www.consumerismcommentary.com/deduct-your-miles-at-585-cents-each/comment-page-1/#comment-159105 matty dread Tue, 24 Jun 2008 18:09:50 +0000 http://www.consumerismcommentary.com/?p=3376#comment-159105 private employers don't have to re-imburse at the federal amount, it is just a guideline, is that correct? i have always been a little confused about that... I think only the government is REQUIRED to reimburse at their posted rate, correct? (and self employed can use this rate to deduct their business miles for tax purposes) private employers don’t have to re-imburse at the federal amount, it is just a guideline, is that correct?

i have always been a little confused about that…

I think only the government is REQUIRED to reimburse at their posted rate, correct? (and self employed can use this rate to deduct their business miles for tax purposes)

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