IRS Issues 2021 Standard Mileage Rates

Beginning on January 1, 2021, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 56 cents per mile driven for business use, down 1.5 cents from the rate for 2020, 16 cents per mile driven for medical, or moving purposes for...

2017 Year End Tax Savings Strategies

2017 Year End Tax Savings Strategies Happy Holidays! As we are now in the last week of 2017, I thought it best to point out a few tax-saving strategies that can still be implemented before the 2017 tax year ends. I know that with all of the excitement of the holidays...

IRS Announces 2019 Standard Mileage Rates

The Internal Revenue Service today issued the 2019 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. 1, 2019, the standard mileage rates for the use...

IRS Announces 2017 Standard Mileage Rates

The Internal Revenue Service today issued the 2017 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. 1, 2017, the standard mileage rates for the use...