It’s my annual “Taxes from A to Z” series! For the series, I’ll focus on terms that you might see on your tax forms and
Read MoreTag: mileage-rate
Giveaway Helps Taxpayers Stay On Track
(Note: We have our winners! Thanks for playing!) New mileage rates go into effect this week for business, moving and medical travel expenses. To help keep
Read MoreMidyear Mileage Rate Changes Offer Relief, Likely To Cause Confusion
After months of speculation and roller coaster oil prices, the IRS finally announced an increase in the optional standard mileage rates. The IRS generally only updates
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Gas Tops $4/Gallon, IRS Finally Ups Mileage Rate
It cost me nearly $50 to fill my tank this week – $50! And I drive a pretty fuel efficient car. Gas in my home
Read MoreTax Changes For 2006 (Pt 5)
Mileage rates. I got to it, okay? Yes, this is #1 question I’ve been asked for the 2006 tax year. Take a deep breath. Here
Read MoreC’mon Baby, Drive My Car
With gas prices on the rise, it’s no surprise that the mileage rates as determined by IRS were a little higher this year than in
Read MoreIRS Ups Mileage Rate
The IRS has increased the mileage rate for the business use of a car, to 48.5 cents per gallon, from 40.5 cents per gallon effective
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