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Tax Topics For Expediters Got a Tax question? Need help with a bookkeeping problem? Frank Katz can help you! A tax preparation expert with many years experience plus an in-depth knowledge of the trucking industry, Frank will respond to your questions on this forum.

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Old 06-24-2008, 03:16 PM   #1 (permalink)
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Standard Mileage Rate Increases

ITS OFFICIAL EFFECTIVE JULY 1, 2008

THE NEW MILEAGE RATE FOR CARGO VANS IS 58.5 CENTS PER MILE.

THE RATE FOR JANUARY THOUGH JUNE 30 IS 50.5 CENTS PER MILE,

So this year you have a split mileage, so Come July 1, mark the mileage on the speedometer down, and then again at the end of the year.

Frank

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