The Internal Revenue Service (www.irs.gov) announced this week the 2006 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical, or moving purposes.

Beginning January 1, 2006, the standard mileage rates will be:

· 44.5 cents per mile for business miles driven;
· 18 cents per mile driven for medical or moving purposes;
· 14 cents per mile driven in service of charitable organizations, other than activities related to Hurricane Katrina relief.

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