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| | IRS Announces 2006 Standard Mileage Rates |
 | | The standard mileage rates for business, medical and moving purposes are based on an annual study of the fixed and variable costs of operating an automobile. |
 | | For the first eight months of 2005, the standard rate for miles driven for medical or moving purposes was 15 cents per mile, and, except for special Hurricane Katrina rates, the standard rate for miles driven in service of a charitable organization was 14 cents per mile. |
 | | For the period Aug. 25 to Aug. 31, 2005, the rate for miles driven for charities providing Hurricane Katrina relief is 29 cents, for deduction purposes, and 40.5 cents, for reimbursement purposes. |
| www.irs.gov /newsroom/article/0,,id=151226,00.html (448 words) |
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