Road Warriors get a Break!

Good News for Job-Related Travel!

According to www.compensation.BLR.com, “The Internal Revenue Service has raised the standard-mileage-reimbursement rate for the final six months of 2008, citing recent increases in gasoline prices.

The IRS normally updates the mileage rates once a year in the fall for the next calendar year.

The rate will increase to 58.5 cents a mile for all business miles driven from July 1, 2008, through December 31, 2008. This is an increase of 8 cents from the 50.5-cent rate in effect for the first six months of 2008.”

To read the full story, go to: http://compensation.blr.com

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