[arrl-odv:16891] New IRS Guidance for Reimbursable Business Travel

The Internal Revenue Service has announced that, due to the rising price of gasoline, the optional standard mileage rates used to calculate the deductible costs of operating an automobile for business purposes will change for the remainder of 2008. Effective for travel during the period of July 1, 2008 through December 31, 2008, the rate will be 58.5 cents per mile up from the original 50.5 cents per mile applicable for the first half of the year. It has been the ARRL's long standing policy to reimbursement staff and volunteers at the IRS rate for use of their personal vehicles while on organizational business. Also, the IRS decided to leave the allowance for miles driven in service to a charitable organization unchanged at 14 cents/mile. Enclosed is a revised expense reimbursement form in Excel format to be used for travel between July 1 and December 31, 2008. 73, Barry J. Shelley, N1VXY Chief Financial Officer ARRL, Inc-The National Association for Amateur Radio 225 Main St. Newington, CT 06111 www.arrl.org <http://www.arrl.org> Phone: (860) 594-0212 E-mail: bshelley@arrl.org <mailto:bshelley@arrl.org> Barry, N1VXY
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Shelley, Barry, N1VXY