IRS Increases Mileage Rate to 55.5 Cents per Mile
June 26, 2011
Washington, D.C. – The Internal Revenue Service today announced an increase in the optional standard mileage rates for the final six months of 2011. Taxpayers may use the optional standard rates to calculate the deductible costs of operating an automobile for business and other purposes.
The rate will increase to 55.5 cents a mile for all business miles driven from July 1st, 2011, through December 31st, 2011. This is an increase of 4.5 cents from the 51 cent rate in effect for the first six months of 2011, as set forth in Revenue Procedure 2010-51. [Read more]
Consumer Reports warns against Rental Car Gimmicks
May 16, 2011
What consumers can do to avoid gotcha pricing, aggressive sales pitches and hidden fees
Yonkers, NY – As the weather heats up and fuel prices continue to rise, the last thing travelers want is to have pay even more when they hit the road this summer. Rental car companies used to try harder to put the consumer in the driver seat with ease, but today’s rental car companies are putting the gas on gotcha pricing, pushy pitches and costly extras. [Read more]
Tune Up, Slow Down and Unpack to Squeeze Extra MPG
March 10, 2011
Following Fuel Efficiency Tips Can Save Money at the Pump
Grand Blanc, MI – You cannot stop what seem like constant increases in the price of gasoline, but you can take several common-sense steps to squeeze more miles out of a gallon.
“Although Chevrolet vehicles are engineered with efficient, fuel-saving technologies, it still takes maintenance to ensure your vehicle performs as efficiently as it did when it left the factory,” said Roger Clark, General Motors Energy Center senior manager. “Drivers can improve their own fuel economy for free by making some very minor behavior changes.” [Read more]
