Small Business Services

What is the standard business mileage rate

Beginning on January 1, 2012, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be 55.5 cents per mile for business miles driven. In 2011, the standard mileage rate(s) for 1/1/11-6/30/11 is business = 51 :The standard mileage rate(s) for 7/1/11-12/31/11 is business = 55.5 :

Need Professional Help?

If you need help with "Small Business Services" or have other tax questions, we can help you find a local licensed tax preparer for a free, no-obligation consultation.