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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
Net operating loss
A business loss that exceeds current income may be carried back against income of prior years and carried forward as a deduction from future income until eliminated.
