With the wild fluctuation in gas prices comes fluctuation in the IRS approved mileage reimbursement rate. For 2010, the rates that are approved are:
  • 50 cents per mile for business,
  • 16.5 cents per mile for moving, and
  • 16.5 cents per mile for medical trips.
That is a drop from 2009's rate of 55 cents per mile.
Source

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