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IN THE NEWS

IRS Increases Business Mileage Rate to 58.5 Cents on July 1

Citing "recent gasoline price increases," the IRS has increased the standard business mileage rate from 50.5 cents to 58.5 cents a mile for all business miles driven between July 1 and December 31, 2008. The rate for deductible medical or moving expenses is increased from 19 cents to 27 cents a mile. Note: The rate for providing services for charitable organizations is set by law, not by the IRS, and remains at 14 cents a mile. Read the news release from IRS.

The American Payroll Association (APA), the nation’s leader in payroll education since 1982, is pleased to introduce the American Accounts Payable Association (AAPA).

AAPA is the professional society for Accounts Payable (AP), dedicated to providing leading-edge education, support, and recognition for the AP community. AAPA provides training, publications, and other resources to help AP professionals implement effective strategies and best practices, while maintaining compliance.

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