IRS Announces 2020 Standard Mileage Reimbursement Rates
Happy New Year! On Jan 1st 2020, the IRS announced the Standard Mileage Reimbursement rate. These rates are below: Business:...
Falcon Expenses Blog
What are the 2020 Personal Income Tax Deadline Dates by State?
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?
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?
Read this article to learn how the IRS defines commuting and what commute and business transportation expenses are tax deductible....
How to Reimburse Employees for Mileage Expenses (Car Allowance vs Mileage Reimbursement)
Find out which of the two employee mileage expense reimbursement methods, the car allowance vs mileage reimbursement methods, is best...
2020 IRS Mileage Reimbursement Rates
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)
A business travel definition, including what business travel expenses are tax deductible for businesses and taxpayers. Introduction The simplest business...
What Does an EIN Number Look Like?
An EIN, also known as an Employee Identification Number, is a nine-digit number that is assigned by the IRS. What...
How do you Calculate Per Diem Deductions?
Per diem deductions that a taxpayer can deduct for unreimbursed business expenses including updates for the Tax Cuts and Jobs...
What Business Mileage is Deductible?
An organized list, with clear explanations, of what the IRS approves as tax-deductible business mileage. Many people use their car...
