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<DIV><FONT face=Arial size=2>Thanks</FONT></DIV>
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B>
<A title=christine@nccumc.org href="mailto:christine@nccumc.org">Christine
Dodson</A> </DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A
title=lcfinance@listserv.nccumc.org
href="mailto:lcfinance@listserv.nccumc.org">Local Church Finance Committee and
Treasurers</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> Tuesday, June 24, 2008 9:38
AM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> [LCFinance] IRS Mileage Rate
Increase</DIV>
<DIV><BR></DIV>
<DIV class=Section1>
<P><FONT face=Arial size=3><SPAN
style="FONT-SIZE: 12pt; FONT-FAMILY: Arial">Please be advised of yesterday’s
announcement from the IRS regarding an increase in the business mileage rate
for miles driven after July 1, 2008. Let us know if you have
questions.<o:p></o:p></SPAN></FONT></P>
<P><FONT face=Arial size=3><SPAN
style="FONT-SIZE: 12pt; FONT-FAMILY: Arial">Due to rising gas prices, the
mileage rate will increase by eight cents to 58.5 cents a mile for all
business miles driven from July 1 through Dec. 31, 2008. The new rate for
computing deductible medical or moving expenses will also increase by eight
cents to 27 cents a mile. The rate for providing services for charitable
organizations is set by statute, not the IRS, and remains at 14 cents a mile.
See news release <A
title=http://www.irs.gov/newsroom/article/0,,id=184163,00.html
href="http://www.irs.gov/newsroom/article/0,,id=184163,00.html"><FONT
face="Times New Roman"><SPAN
style="FONT-FAMILY: 'Times New Roman'">IR-2008-82</SPAN></FONT></A> and <A
title=http://www.irs.gov/pub/irs-drop/a-08-63.pdf
href="http://www.irs.gov/pub/irs-drop/a-08-63.pdf"><FONT
face="Times New Roman"><SPAN
style="FONT-FAMILY: 'Times New Roman'">Announcement 2008-63</SPAN></FONT></A>.
<o:p></o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT face=Arial size=2><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p> </o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT face=Arial size=2><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Christine<o:p></o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT face=Arial size=2><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p> </o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT face=Arial size=2><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p> </o:p></SPAN></FONT></P>
<P class=MsoNormal><B><I><FONT face=Arial size=1><SPAN
style="FONT-WEIGHT: bold; FONT-SIZE: 9pt; FONT-STYLE: italic; FONT-FAMILY: Arial">Christine
Dodson, CPA, MBA</SPAN></FONT></I></B><B><I><FONT size=1><SPAN
style="FONT-WEIGHT: bold; FONT-SIZE: 9pt; FONT-STYLE: italic"><o:p></o:p></SPAN></FONT></I></B></P>
<P class=MsoNormal><B><I><FONT face=Arial size=1><SPAN
style="FONT-WEIGHT: bold; FONT-SIZE: 9pt; FONT-STYLE: italic; FONT-FAMILY: Arial">Conference
<st1:PersonName
w:st="on">Treasurer</st1:PersonName></SPAN></FONT></I></B><B><I><FONT
size=1><SPAN
style="FONT-WEIGHT: bold; FONT-SIZE: 9pt; FONT-STYLE: italic"><o:p></o:p></SPAN></FONT></I></B></P>
<P class=MsoNormal><B><I><FONT face=Arial size=1><SPAN
style="FONT-WEIGHT: bold; FONT-SIZE: 9pt; FONT-STYLE: italic; FONT-FAMILY: Arial">NC
Conference/United <st1:place w:st="on"><st1:PlaceName
w:st="on">Methodist</st1:PlaceName> <st1:PlaceType
w:st="on">Church</st1:PlaceType></st1:place></SPAN></FONT></I></B><B><I><FONT
size=1><SPAN
style="FONT-WEIGHT: bold; FONT-SIZE: 9pt; FONT-STYLE: italic"><o:p></o:p></SPAN></FONT></I></B></P>
<P class=MsoNormal><B><I><FONT face=Arial size=1><SPAN
style="FONT-WEIGHT: bold; FONT-SIZE: 9pt; FONT-STYLE: italic; FONT-FAMILY: Arial">(919)
832-9560</SPAN></FONT></I></B><B><I><FONT size=1><SPAN
style="FONT-WEIGHT: bold; FONT-SIZE: 9pt; FONT-STYLE: italic"><o:p></o:p></SPAN></FONT></I></B></P>
<P class=MsoNormal><FONT face="Times New Roman" size=3><SPAN
style="FONT-SIZE: 12pt"><o:p> </o:p></SPAN></FONT></P></DIV><BR>--
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