Beginning on Jan. 1, 2013, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:
56.5 cents per mile for business miles driven
24 cents per mile driven for medical or moving purposes
14 cents per mile driven in service of charitable organizations
The IRS has a new online tool to make it easier to remember important tax and deposit deadlines. Download the free IRS CalendarConnector and keep it on your computer desktop to check important tax dates on a daily, weekly or monthly basis.
When you have a few minutes to spare, surf over to Microsoft's Office at Work website. You may find that investing just a few minutes there may save you many hours in the future. The site is loaded with business templates (from analysis worksheets to Excel expense reports), software tips and budget designs, all of which are free to download. The website is tinyurl.com/dhghvu.
Business Miles .51 .50
Medical Miles .19 .165
Moving Miles .19 .165
Charitable Miles .14 .14