IRS Announces 2020 Standard Mileage Reimbursement Rates
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Happy New Year! On Jan 1st 2020, the IRS announced the Standard Mileage Reimbursement rate. These rates are below: Business:...
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What are the 2020 Personal Income Tax Deadline Dates by State?
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This article contains the 2020 personal income tax deadline dates for each state for the 2019 tax year. No one...
What are the 2020 tax deadline dates for 2019 taxes?
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This article is about the tax deadline dates for the 2019 tax year. More specifically, for the dates between Jan...
How Does the IRS Define Commuting?
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Read this article to learn how the IRS defines commuting. Also learn what commute and business transportation expenses are tax...
Car Allowance vs Mileage Reimbursement
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Find out which company mileage reimbursement method is best for your company, the car allowance vs mileage reimbursement policy. Two...
2020 IRS Mileage Reimbursement Rates
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What are the 2020 IRS mileage reimbursement rates? Many professionals that take the standard mileage rate tax deduction are probably...
What is the Definition of Business Travel? (It’ll Surprise You)
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Not sure what qualifies as business travel? Read to learn what is considered business travel and business travel expenses. Please...
What Does an EIN Number Look Like? (It’s More Familiar Than You Think)
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The IRS issues EIN numbers. An EIN is an important number. However, what should an EIN number look like? You’re...
How do you Calculate Per Diem Deductions?
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Per diem deductions that a taxpayer can deduct for unreimbursed business expenses including updates for the Tax Cuts and Jobs...
What Business Mileage is Tax Deductible?
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An organized list, with clear explanations, of what the IRS approves as tax-deductible business mileage. Many self-employed individuals and employees...
