Monday, July 21, 2008

Tax IRS Gas Mileage - Save Gas and Make Money!

By [http://ezinearticles.com/?expert=Daniel_Molano]Daniel Molano

The Internal Revenue Service has announced that there will be an increase in the tax IRS gas mileage. Usually they make changes to the optional standard mileage rates for the next year calendar, but due to the crazy gas prices which are still going to go up, the IRS took action and increased it for the last 6 months of 2008. Keep on reading, I will tell you exactly how to make some money out of this.

The tax IRS gas mileage rate was set to 50.5 cents per mile for the first 6 months of 2008, they increased it to 58.8 cents per mile for the last semester. This might sound like a low increase but considering how many miles are spent in a month or so it is quite a lot. To make things simple, the rate determines how much money you will get back (reimbursed) for you gas mileage.

Doug Shulman the IRS commissioner said "Rising gas prices are having a major impact on individual Americans. Given the increase in prices, the IRS is adjusting the standard mileage rates to better reflect the real cost of operating an automobile, we want the reimbursement rate to be fair to taxpayers". This is quite good.

You can increase your gas mileage a lot legally, you just need to adjust your vehicle to be able to run on 50% gas and 50% water, this will not only be a huge saver on fuel, but also increase your gas mileage and actually make you some money out of the reimbursement from the IRS. Best of all you are making your car ecological by sending much less pollution into the air.

To take full advantage of the tax IRS gas mileage increase go to this site: [http://alternative-fuels-expansion.blogspot.com ]Alternative Fuels Expansion. It is very easy to install by you or your mechanic and you will not only be saving money, but actually making some.

Daniel Molano is an expert writer in a variety of topics. He writes high quality reviews for high demand products. If you need a product review or want a product reviewed go immediately to his [http://www.supremeproductreviews.com]product reviews blog.

Article Source: http://EzineArticles.com/?expert=Daniel_Molano [http://ezinearticles.com/?Tax-IRS-Gas-Mileage---Save-Gas-and-Make-Money!&id=1306567 ]http://EzineArticles.com/?Tax-IRS-Gas-Mileage---Save-Gas-and-Make-Money!&id=1306567

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