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Mid-year Standard Mileage Rates are Changing

Effective July 1, 2011, the Internal Revenue Service has released revised rates for the standard mileage deduction.  The new rates are as follows:

55.5 cents per mile for Business Use,
23.5 cents per mile for Medical or Moving, and
14 cents per mile for services to Charitable Organizations (unchanged) 

Important Dates

  • 05/21/12 (All day) - TN Sales Tax Due
  • 05/28/12 (All day) - Memorial Day- Bank Holiday
  • 06/01/12 (All day) - Professional Privilege Tax Due

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