Ellen Rusco · General ArticlesIRS Direct Pay: How to Setup
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Ellen Rusco · General ArticlesEllen Rusco · General ArticlesIRS increases mileage rate for remainder of 2022
For the final 6 months of 2022, the standard mileage rate for business travel increased to 62.5 cents per mile. The rate for deductible medical or moving expenses increased to 22 cents, while the charitable rate remained 14 cents.
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Brian McFarren · General ArticlesLast set of IRS Repair Regulations Issued
The IRS issued final regulations covering gain or loss when depreciable property is disposed, identifying disposed assets, partial dispositions, MACRS property, and general asset accounts. The regulations apply to tax years beginning on or after January 1, 2014.
READ ARTICLE →Ellen Rusco · General ArticlesWhat are the IRS 2014 Per Diem Rates for Business Travel?
IRS Notice 2014-57 updated special per diem rates for meal and incidental expenses, the incidental-expenses-only deduction, and high-cost localities under the high-low substantiation method.
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