You aren’t the only one who has noticed the sky rocketing prices at the pump. The IRS has noticed too. That’s why the federal mileage reimbursement rate has been raised from $0.51 a mile to $0.555 a mile starting July 1, 2011. (That’s right, that’s a half of a cent at the end.)
We, the professionals at Sweeten CPA–the most premier accounting firm serving the Austin, Texas, small to medium business community–have decided to share our wit and wisdom with the world about all things ACCOUNTING. We promise to make it dynamic and accurate. We will make it fun and interesting. And we will make it easy to understand!