On December 9, 2011, the U.S. Internal Revenue Service IRS released an advance copy of Notice 2012-1 providing the standard mileage rates for taxpayers to use in computing the deductible costs of operating an automobile for business, medical, moving, or charitable purposes.1 Most rates, including business miles, remain the same as provided in Announcement 2011-40 [...]Related posts:U.S. IRS Increases Standard Mileage Rates Effective July 1, 2011U.S. : IRS Announces 2010 Optional Standard Mileage RatesUnited States: 2012 Adjustments to U.S. Income Tax, Other Provisions