The IRS released the optional standard mileage rates for 2021. Most taxpayers may use these rates to compute deductible costs of operating vehicles for: business, medical, and charitable purposes. Some members of the military may also use these rates to compute their moving expense deductions.
The standard mileage rates for 2021 are: • 56 cents per mile ... Read More ›
The Releases include: Wage and Tax Reporting Forms W-2 and W-3 Information Reporting Forms 1099, 1096, and 5498 2018 Automobile Rules Third Party Payments of Sick Pay Form W-4P Withholding on Pension and Annuity Payments 2019 Rates ... Read More ›