Remember when you send us your information to prepare your income tax return for 2008 that the business mileage rate changed on July 1, 2008 from $0.545 to $0.505 per business mile.

The rates changed again on January 1 to $0.55 per business mile. The rate for medical or moving miles is $0.24 and the Charitable mileage rate is $0.14.

 
This information is provided in an effort to help you gather and organize the information necessary to file your individual or small business income tax return. While these financial tools are not a substitute for financial advice from a qualified professional, they can be used as a starting point in your decision making process.