Thursday, December 15, 2011

IRS Announces 2012 Tax Deduction Rates

OK, they've finally posted the new rates! Very little change from the mid-2011 rates. Here's an excerpt from the official website:

"Beginning on Jan. 1, 2012, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:
  • 55.5 cents per mile for business miles driven
  • 23 cents per mile driven for medical or moving purposes
  • 14 cents per mile driven in service of charitable organizations
The rate for business miles driven is unchanged from the mid-year adjustment that became effective on July 1, 2011. The medical and moving rate has been reduced by 0.5 cents per mile."

For the full statement, see the website -->,,id=250882,00.html

Happy driving!

Wednesday, December 7, 2011

Facebook Fan Page Up and Going!

The MileBug Facebook Fan Page is growing! So come join the fun, leave comments, share your favorite destinations...or your biggest deductions!

We also have secured the custom URL,, which we were able to do once we got our 25th fan yesterday. Thank you to the first 25 fans that allowed us to do that. We're now up to 42!

Please come LIKE us on FACEBOOK and join the fun!