IRS has announced the 2010 MILEAGE RATES:
STANDARD BUSINESS RATE 50¢ per mile
MOVING & MEDICAL RATE 16.5¢ per mile
The mileage allowance deduction replaces separate deductions for lease payments (or depreciation if the car is purchased), maintenance, repairs, tires, gas, oil, insurance and license and registration fees and tolls connected to business driving, (rev Proc 2009-54, Sec. 5.04)
