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    IRS 2008 Standard Mileage Rate Increased for July 1

    June 23, 2008
    The IRS has announced an increase of the Standard Rate to 58.5 cents per mile from 50.5.
    The new rate is effective July 1.
    While this is extremely useful for reimbursement of limited mileage it overcompensates after 800 miles in a month.
    For more information and a free report go to;
    www.cardataconsultants.com

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