Taxes and the IRS

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IRS cuts mileage deduction rate for 2010

The Kansas City Star - Thu Dec 3, 11:58 pm ET

Lower transportation costs prompted a 9 percent cut — to 50 cents a mile — for the 2010 mileage deduction rate authorized by the Internal Revenue Service. The national average price for a gallon of unleaded gasoline was $2.63, or about 83 cents a gallon higher than last year.