Charitable Giving Planning In 2017, Americans donated over $410 billion to charity. As 2018 closes, you may be considering your charitable giving. You can deduct charitable gifts of cash and property, plus deduct your charitable mileage (14ยข per mile). To
Tag: mileage
2017 Mileage Rates Lowered by IRS
The Internal Revenue Service has issued the 2017 optional standard mileage rates to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning Jan. 1, standard mileage rates for the use of a car
Tax Saving Strategies
Using these smart tax savings strategies will help you get off to a good start and may help you save more money. Check Your W-4 This year, you may have started a new job, new marital status or family member.
2016 Standard Mileage Rates
The IRS has released the 2016 standard mileage rates for taxpayers to use in computing the deductible costs of operating an automobile for business, charitable, medical, or moving expense purposes. Beginning on Jan. 1, 2016, the standard mileage rates for
2015 Standard Mileage Rates
The optional standard mileage rates for employees, self-employed individuals, or other taxpayers are used in computing the deductible costs of operating an automobile for business, charitable, medical, or moving expense purposes. Beginning on Jan. 1, 2015, the standard mileage rates
2014 Standard Mileage Rates
The IRS has issued the optional standard mileage rates for 2014, which are down one-half cent from the 2013 rates. The optional standard mileage rates are used to calculate the deductible costs of operating an automobile for business, charitable, medical,