Tuesday, July 8, 2008

Mileage Logger Update: 1357 Miles/ $685 in Payback in June

For the month of June, 2008 we logged 1357 business related miles, which comes to $685 in business mileage deductions! (Based on the 50.5 cents per mile allowance prior to 7/1/08) As of July 1, 2008 the IRS raised the mileage deduction for business to 58.5 cents per mile, so your savings are now even greater! Visit: http://www.mileagepayback.com/ and click any banner ad to learn more or to purchase your own Mileage Logger. As an added bonus, the device is tax deductible!

No comments: