The IRS has announced the mileage rates for 2010. Beginning on January 1, 2010, the standard mileage rates will be as follows:
-50 cents per mile for business miles driven
-16.5 cents per mile for medical or moving purposes
-14 cents per mile driven for charitable organizations
These new rates are bit of a downer as they are substantially less than in the past couple years. According the IRS, studies done by the Runzheimer International have shown a decrease in the cost to own and operate a vehicle. I wonder who they polled.