July 7, 2008

Good News/Bad News: Gas Prices Deliver Ups 'n' Downs

On the bright side:

IR-2008-82, June 23, 2008

WASHINGTON -- The Internal Revenue Service today announced an increase in the optional standard mileage rates for the final six months of 2008. Taxpayers may use the optional standard rates to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

The rate will increase to 58.5 cents a mile for all business miles driven from July 1, 2008, through Dec. 31, 2008. This is an increase of eight (8) cents from the 50.5 cent rate in effect for the first six months of 2008, as set forth in Rev. Proc. 2007-70.


(Booyah!)


On the down side, this email went to DET-ALL:

We have some bad news regarding the fruit/milk/OJ deliveries every week.  We received a phone call from our delivery company this morning saying they would no longer be able to provide their services to us, as the gas was just too much for them.  They are located in the Ann Arbor/Ypsilanti area, so it's just too much for them to take on any longer.  In the mean time, we cannot guarantee fruit/milk/OJ until we can find another company who will deliver.  We have a few other possibilities, but for now, please bear with us during this difficult time.  J

(Worst)
July 7, 2008 5:56 PM | | Comments (0) | TrackBacks (0)

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