IRS reduces 2003 mileage rates - 36 Cents a Mile - Internal Revenue Service - Brief Article

California CPA, Nov, 2002

The IRS has released 2003 mileage rates--most of which are reductions from last year.

They are:

* Business miles: 36 cents per mile (down from 36.5);

* Medical: 12 cents per mile (down from 13)

* Moving: 12 cents per mile (down from 13)

* Charitable: 14 cents per mile (unchanged)

Note that California conforms to these federal amounts.

COPYRIGHT 2002 California Society of Certified Public Accountants
COPYRIGHT 2002 Gale Group

 

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