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New Mileage Rate for Second Half of 2011

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.)

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