insurance company dallas
How many miles should I hold my company.?
Hello everyone, I have a question I live in Dallas Tx. I work for an Internet company. I have to travel company in Texas for work. I have my own car. Sometimes I use the company car, but sometimes unavalibality because I have to use my account. The owner of the company told me that he pays for my gas or car insurance, but I have to use my car. So how much should I charge for mileage. How many cents should charge him per mile. Are there any Standards, U.S. for this?
Commercial use of a car: More information can be found http://www.irs.gov/taxtopics/tc510.html in IRS Publication 463 "travel, entertainment, gifts and car expenses," including Section 4: http://www.irs.gov/ publications/p463/index.html Table Summary http://www.irs.gov/pub/irs-pdf/p463.pdf mileage rates for 2007 and earlier is available here: http://www.irs.gov/taxpros/article/0 ,, id = 156,624.00. html For 2008 the standard mileage rates are: http://www .irs.gov/newsroom/article/0,, id = 176,030.00. html 50.5 cents per mile for business of 19 cents per mile driven for medical or moving purposes 14 cents per mile driven in service of charitable organizations
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