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Archive for the ‘IRS Announcements’ Category

Usually I post the new mileage rates as soon as the IRS the comes down from the mountain with the latest tablets; however, this year it was not all that exciting as we have a decrease as compared to prior years.  Here they are:
Beginning on Jan. 1, 2010, the standard mileage rates for the use [...]

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If you are a small employer that calculates your payroll manually – please be advised that new withholding tables have been released and any payroll on or after today, April 1st, 2009, have to be calculated using the new tables.
Withholding Tables
IRS IR-2009-13 – Information on the change
For those of you who use QuickBooks, be sure [...]

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Last Monday, while everyone was getting ready for the holiday, the IRS came down from the mountain and with their tablets laying forth the 2009 standard mileage rates.  As always, they still remain below actual average costs per mile; however, the IRS has spoken and here they are…

55 cents per mile for business miles [...]

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Tuesday the IRS released the 2008 mileage rates. They still remain far from actual costs per mile; however, the IRS has spoken and here they are…

50.5 cents per mile for business miles driven;
19 cents per mile driven for medical or moving purposes; and
14 cents per mile driven in service of charitable organizations

For More [...]

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