IRS Determines Annual Per-Mile Business
Driving Rate for 2010 through Partnership
with Runzheimer International

December 3, 2009

The Internal Revenue Service (IRS) has announced a new national per-mile business driving rate of 50.0 cents for the U.S. taxpayer, effective January 1, 2010.  To establish the new per-mile rate, the IRS worked closely with Runzheimer International, the industry leader in employee mobility programs. Runzheimer International provides virtual office, vehicle, travel, and cost-of-living programs and services to businesses nationwide and has provided annual vehicle cost data to the IRS since 1980.

This year’s driving rate of 50.0 cents compares to the current rate of 55.0 cents-per-mile, which went into effect January 1, 2009.

"The primary reason for this year’s reduction in the national per-mile business driving rate is significantly lower fuel prices. Other factors contributing to the rate change include depreciation, insurance and maintenance costs,” said Ted Schuerman, senior project leader, Runzheimer International. “The detailed information we compile annually demonstrates shifting market conditions across the country and helps the IRS and many other organizations make informed business decisions.”  

The 50.0 cents-per-mile standard is the amount that a U.S. taxpayer can deduct for vehicle expenses on a 2010 tax return for business miles driven.

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About Runzheimer International
Founded in 1933, Runzheimer International serves 60 percent of the Fortune 500 and numerous government agencies. Recognized for providing innovative solutions relating to Total Employee Mobility®, Runzheimer is the global leader in workforce mobility programs including business vehicle, business travel, corporate aircraft, employee relocation and compensation, and virtual office.