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Wednesday, July 06, 2011 New IRS Mileage Rates An article in Forbes Magazine explains the new IRS mileage rates.  They went up and will give many of us a bigger income tax deduction.. Some employers will pay more to employees who use their own cars for employer business, but that increase is not required.  The rate for a tax deduction when you use your car for charitable purposes did not increase.  That rate hasn't been changed by Congress since 1998.  For all the details, check http://blogs.forbes.com/kellyphillipserb/2011/07/05/midyear-mileage-rate-changes-offer-relief-likely-to-cause-confusion/.. Permanent Link write a comment

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