The Internal Revenue Service and Treasury Department announced an increase to the optional standard mileage rates for the final four months of 2005.
The rate will increase to 48.5 cents a mile between Sept. 1 and Dec. 31, 2005 -- an increase of 8 cents. The temporary rate change was a rarity; the IRS normally updates the mileage rates once a year in the fall for the next calendar year.
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