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IRS Updates Mileage Rate for 2008 to 58.5 Cents Per Mile, Effective July 1, 2008

By Daniel Schwartz on June 24, 2008
Posted in Human Resources (HR) Compliance

With gas prices rising, it’s no surprise that the IRS issued a statement yesterday adjusting the standard business mileage rate for 2008 is 58.5 cents per mile. The new rate for business miles is 8 cents higher than it was for the first six months ocourtesy morgue file "car"f 2008, which I had noted in an earlier post. 

The IRS…

About Connecticut Employment Law Blog

Daniel A. Schwartz created the Connecticut Employment Law Blog in 2007 with the goal of sharing new and noteworthy items relating to employment law with employers, human resources personnel, and executives in Connecticut. Since then, the blog has been recognized by the ABA Journal, and was one of ten named to the “Blog Hall of Fame” in recognition of the blog’s contributions and consistency over the years.
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