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IRS sets mileage rates for 2012. The business rate remains 55.5 cents/mile, the medical/moving rate drops to 23 cents/mile, and the charitable rate remains at 14 cents/mile.

For 07/01/2011 through 12/31/2011 the mileage rates are 55.5 cents/mile for business, 23.5 cents/mile for medical/moving, and 14 cents/mile for charitable purposes.

For 01/01/2011 through 06/30/2011 the mileage rates are 51 cents/mile for business, 19 cents/mile for medical/moving, and 14 cents/mile for charitable purposes.