The IRS recently released the 2010 standard business mileage reimbursement rate, which has been lowered to 50 cents for all business miles, effective January 1, 2010. The 2010 standard mileage rate for medical and moving pruposes has been lowered to 16.5 cents per mile, effective January 1, 2010. The 2010 standard mileage rate for charitable purposes is unchanged at the rate of 14 cents per mile.

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