Return to Article: IRS raises mileage rate to 48.5 cents a mile
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"The move comes in response to a request from the leader of the National Treasury Employees Union and talk of legislation from Sen. Charles E. Schumer, D-N.Y." This simply shows how Congress has no idea what it is doing and how the Unions are out to get whatever they can (as it should be).
There absolutely is no reason to increase the mileage deduction because the tax law allows you to deduct either the mileage deduction or the actual costs. By raising the mileage deduction the IRS has created a situation that will become permanent rather than temporary. They should have held fast and the Unions could have deducted the actual costs if they in fact exceeded the mileage allowance. In my opinion the mileage allowance always should be below actual costs because it simply represents a lazy way to deduct mileage costs rather than keeping the documentation to justify the actual costs.
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IRS and Government only allows 15 cents a mile for relocation expense. It was bad before, but it's ugly now!
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