published January, 2007
The IRS says the new maximum rate for mileage reimbursement deduction is 48.5 cents per mile for 2007. In ’06 they changed the rate mid-year, so I’m not promising they will stick with this rate for the whole of ’07.
Andrew S Rogers, E.A., NTPI Fellow
3527 Mt Diablo Blvd #366
Lafayette CA 94549