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Standard mileage rates go up a penny in 2013

From the Journal of Accountancy website: Optional standard mileage rates for use of a vehicle will go up by 1 cent per mile for 2013, the IRS said Wednesday in Notice 2012-72. Taxpayers can use the optional standard mileage rates to calculate the deductible costs of operating an automobile.

To read the rest of the article go to: http://www.journalofaccountancy.com/News/20126897.htm