Traxtax Tax Stuff

Traxler & Associates, Inc. maintains this blog. We are a full service tax preparation firm located in California. We currently prepare over 1500 business and individual income tax returns in all of the states that require filing.

Thursday, June 26, 2008

Federal mileage rate increase

The IRS will change the cents per mile for all your business miles driven to 58.5 cents per mile up from 50.5 cents. This increase if for July 1 2008 through December 31, 2008