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The business mileage reimbursement rate is an optional standard mileage rate used in the United States for purposes of ... 2010: 50.0 cents/mile: $1.29/mile Jan ...
Ramp takes a closer look at mileage reimbursement and explains why it's important and when it does or does not make sense.
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April 15th is a few months off, but you want to start thinking about tax filing now. Unless, of course, you like the deadline pressure of driving around to find the 24 hour post office in your ...
In 2010, former U.S. Secretaries of Transportation Norman Mineta and Samuel K. Skinner called for the adoption of a VMT tax to stabilize transportation funding. [ 14 ] In March 2011, the U.S. Congressional Budget Office issued a report comparing the relative merits of fuel taxes, vehicle excise taxes, vehicle tire excise taxes, and a ...
Business mileage reimbursement rate, an optional standard mileage rate used in the United States for purposes of computing the allowable business deduction;
Starting July 1, 2008, the standard mileage rate for business miles is being increased to 58.5 cents per mile. The rate is currently at 50.5 cents per mile. Over the years, the IRS has somewhat ...
For example, an annual membership fee for a professional association paid in December 2009 for the year 2010 is deductible in the year 2009. The United States has a comparatively large and complicated number of deductions owing to policymakers' preference to pass policy through the tax code.