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November 15, 2007 12:00 am
Personal Mileage Rates Down
If you use your car for deductible moving or medical purposes, you can add the cost of driving based on a standard mileage rate. For 2008, the rate is 19
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Tax Glossary
Capital asset
Property subject to capital gain or loss treatment. Almost all assets you own are considered capital assets except for certain business assets or works you created.
