Standard Mileage Rates-Due to rising gas prices, the IRS has increased the standard mileage rate for business drivers for the last six months of 2008. From July 1 through December 31, the rate is 58.5 cents per mile (plus related tolls and parking fees), up from 50.5 cents per mile. The rate for medical and moving expense travel increases to 27 cents per mile (up from 19 cents per mile).

Read All About It-Employees can learn a lot by reading publications and journals pertaining to your particular industry or profession. Suggestion: Start a reading club at work. Assign certain publications to be read by every employee. Then meet to discuss the impact on selected items on your business. Encourage participation by workers who normally do not express their opinions.