Tuesday, March 13, 2012

Standard mileage rates


Small Business Tax Accounting - The 2011 rate for business use of your car is 51 cents a mile for miles driven before July 1, 2011, and 55 ½ cents a mile for miles driven after June 30, 2011. The 2011 rate for use of your car to get medical care is 19 cents a mile for miles driven before July 1, 2011, and 23 ½ cents a mile for miles driven after June 30, 2011. The 2011 rate for use of your car to move is 19 cents a mile for miles driven before July 1, 2011, and 23 ½ cents a mile for miles driven after June 30, 2011. If you have any questions about this or preparing any tax returns for prior years or for this filing season, please contact us:
ABA Tax Accounting
Amare Berhie, Senior Tax Accountant
Abatax81@gmail.com
Direct 612-282-3200
Toll free 866-936-0430

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