There's a call out for truckers to lay low today to make their point that we all depend on them to deliver nearly everything we enjoy. Diesel prices are destroying the independent trucker's livelihood.
For 2008, the IRS standard mileage rate is $0.505 (50 1/2 cents) per mile. If the price of fuel reaches $4/gallon, the government may increase this rate.
This is the rate they set for cars, vans, pickups, and panel trucks. We, like other small business owners, carefully track our business miles. I post those costs weekly in our QuickBooks program. It's easier to do weekly than try to reconstruct at the end of the year.
'til later
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