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Posts tagged as:

mileage

Cash for Clunkers: The Revenge

by Smithee on August 7, 2009. Consumer 17 comments.

The “Cash for Clunkers” program that we told you about on June 19 has received a shot in the arm in almost-last-minute actions by the House and Senate. They approved an additional $2 billion to continue the unexpectedly popular rebate program through Labor Day. Opponents of the program feel like: Richard Shelby, the top Republican on the ... Continue reading this article…

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Deduct Your Miles at 58.5 Cents Each

by Flexo on June 24, 2008. Taxes 4 comments.

The Internal Revenue Service is recognizing the increasing costs of transportation and has revised the rate that taxpayers can use for deducting business-related travel expenses. For miles driven between July 1 and December 31, 2008, the new rate is 58.5 cents per mile, up 8 cents from the rate used for the first half ... Continue reading this article…

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