900 N. Kings Highway, Cherry Hill, New Jersey 08034
856.667.4100
· 215.563.0276 · Fax: 856.667.3652


The Online Advisor - February 1999

IRS sets 1999 mileage rate, then delays it

Late in 1998, the IRS announced the standard mileage rate for business driving in 1999 - a decrease from the 1998 rate of 32.5 cents a mile to 31 cents a mile.

After receiving complaints from companies who felt they needed more time to reprogram software for the rate decline, the IRS postponed the effective date for the new mileage rate to April 1, 1999.

The 1999 mileage rate for charitable driving was left unchanged at 14 cents a mile, and the rate for moving and medical expenses was left at 10 cents a mile.

     
This site designed and maintained by the Information Technology experts at Alloy, Silverstein, Shapiro, Adams, Mulford, Cicalese, Wilson & Co.

We appreciate comments concerning our website. Contact our webmaster at
webmaster@alloysilverstein.com

Copyright © 1997 Alloy, Silverstein, Shapiro, Adams, Mulford, Cicalese, Wilson & Co.
All rights reserved