TAX GUIDE

Government (Fed & State) Agencies / Forms / Tips & Info

This guide provides information on issues related to state and federal income tax matters. We hope that you find it useful when completing your returns or answering any complicated tax questions. We welcome any suggestions or comments you may have to assist us in making this page a greater resource for you.


News You Can Use... 06/23/11 - IRS Newswire Issue Number: IR-2011-69 - IRS Increases Mileage Rate to 55.5 Cents per Mile - WASHINGTON — The Internal Revenue Service today announced an increase in the optional standard mileage rates for the final six months of 2011. Taxpayers may use the optional standard rates to calculate the deductible costs of operating an automobile for business and other purposes. The rate will increase to 55.5 cents a mile for all business miles driven from July 1, 2011, through Dec. 31, 2011. This is an increase of 4.5 cents from the 51 cent rate in effect for the first six months of 2011, as set forth in Revenue Procedure 2010-51.

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