IRS mileage change • PUBLIC SECTION • Open Discussion • Fugitive Recovery Network (FRN) Forums
FRN Banner
wordpress-ad





Post new topic Reply to topic  [ 2 posts ] 
 
Author Message
 Post subject: IRS mileage change
 Post Posted: Tue 24 Jun 2008 10:53 
Offline
Advanced Poster
Advanced Poster
User avatar

Joined: Thu 29 Jul 2004 20:23
Posts: 1632
Location: Fort Wayne, IN
FRN Agency ID #: 2570
Experience: More than 10 years
I am sure Kathy our CPA already knows but for those of us that don't the IRS has change the rate.


Jan. 1 through June 30 the rate is 50.5 cents a mile


July 1 through Dec. 31 the rate is 58.5

You can charge what you want but this is all you can deduct. The rest you have to show as profit. when you have a profit. :roll: :roll: :roll:

_________________
The Rose Investigations LLC
Collection Agency
Security & Investigations Consultant
Retired Private Investigator & Bail Enforcement
NAM VET 1969- 1975 US Army (RECON)
Office 260-220-3877
1-888-631-5520
Fax 260-456-6062


Top 
 Profile  
 
 Post subject: Re: IRS mileage change
 Post Posted: Tue 24 Jun 2008 20:37 
Offline
Advanced Poster
Advanced Poster
User avatar

Joined: Fri 18 Apr 2008 10:00
Posts: 760
Location: New York State
FRN Agency ID #: 1973
Experience: 3 - 5 years
Thanks for posting the notice. I wasn't aware that they were changing.

_________________
If the world didn't suck we would all fall off. (Luvonda)
Nobody has power over you that you do not allow them to have. (Scott)
Be careful of the seeds you plant because one day they will be harvested.

Dave
Private Investigator
Licensed by the NYS DOS Division of Licensing


Top 
 Profile  
 
Display posts from previous:  Sort by  
 
Post new topic Reply to topic  [ 2 posts ] 

FRN Forums » PUBLIC SECTION » Open Discussion


Who is online

Users browsing this forum: No registered users and 181 guests

 
 

 
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Fugitive Recovery Network

FRN Forum
Login
Forum
Register
Forum FAQ


Advertise on FRN



ad_here_1