CLIENT ALERT

For additional information contact:
Andrea Kriznauski
Marketing Coordinator
akriznauski@untracht.com

December 5, 2005

2006 Mileage Rates

Business Mileage Rate

For 2006, the standard rate for business mileage is 44.5 cents per mile. This amount had been increased for the last four months of 2005 to 48.5 cents per mile because of the sharp increases of gas prices.

Medical and Moving Mileage Rate

For 2006, the standard mileage rate for medical or moving expenses is 18 cents per mile. This amount had been increased for the last four months of 2005 to 22 cents per mile.

Charitable Mileage Rate

For 2006, the mileage rate for charitable purposes, other than activities related to Hurricane Katrina relief, remains at 14 cents per mile.

Katrina Mileage Rate

For 2006, the rate for miles driven for charities providing Hurricane Katrina relief will be 32 cents per mile for deduction purposes and 44.5 cents per mile for reimbursement purposes. For the period August 25 to August 31, 2005, this was 29 cents, for deduction purposes, and 40.5 cents, for reimbursement purposes. For the months of September through December 2005, the special Katrina-related rates are 34 cents for deductions and 48.5 cents for reimbursements.