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IRS Mileage Deduction Allowances for 2012

At the beginning of each year I double check what mileage deduction rate the IRS is allowing for business travel – and if you’ve been reading my blog for a while, you know I like to pass it on!

2012 mileage deductions are the same as July-Dec 2011 – 55.5¢ / business mile.

To see the official announcement and details, go to http://www.irs.gov/newsroom/article/0,,id=250882,00.html

Keep more of your hard earned money by taking every deduction you can for your business!

Here’s to your creative success!

– Tara Reed

 

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