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  • Children Employed by Parents
  • 2010 Standard Mileage Rates
  • Penalties on Partnerships and S Corporations - 2010
  • Residential Energy Credits - 2010
  • Failure To File Penalties

    • 2010 Standard Mileage Rates

    The IRS has announced that the optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes will be:

    50 cents per mile for business miles driven

    16.50 cents per mile driven for medical or moving purposes

    14 cents per mile driven in service of charitable organizations

     

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    info@accpas.com

    ANY TAX ADVICE IN THIS COMMUNICATION IS NOT INTENDED OR WRITTEN TO BE USED, AND CANNOT BE USED, BY A CLIENT OR ANY OTHER PERSON OR ENTITY FOR THE PURPOSE OF (i) AVOIDING PENALTIES THAT MAY BE IMPOSED ON ANY TAXPAYER OR (ii) PROMOTING, MARKETING OR RECOMMENDING TO ANOTHER PARTY ANY MATTERS ADDRESSED HEREIN.

     

     

    Carol McAtee | 12/04/2009



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