On June 23rd, CNN Money wrote:
"The Internal Revenue Service, citing the drain that high gas prices
are having on people's finances, said Monday it is raising the
automobile mileage rate that businesses and others can claim.
The
tax agency said the optional standard rate to calculate deductible
operating costs for vehicles will rise from 50.5 cents a mile to 58.5
cents for the final six months of 2008."
Click here to read the full article.
We here at Kazork are feeling the squeeze at the pumps too. We realize we can't do anything about the price of gas for your car, but we
try to do our part by keeping the commissions being paid higher than the industry standard. We hope that the extra commission helps!