IRS Offers Small Business Tax Workshop on May 18

May 11, 2011

I have known for a while that the Internal Revenue Service is offering workshops for small business and I think these can be very useful.  Today I was notified about an upcoming webinar (notice they are embracing new technology that we virtual assistants use regularly ;)

The free webinar is being held next Wednesday on May 18 at 11am pacific / 2pm eastern , entitled:

Small Business Advantage: Put Our Knowledge to Work for You

It will be presented by Phyllis Grimes, Director, Small Business/Self-Employed Communications. Sign-up is required through the IRS Webinar Registration portal. You can find out about more small business tax workshops and webinars in your state at the Internal Revenue Service site.

 

IRS Standard Mileage Rates for 2010

January 8, 2010

The IRS has published their new standard mileage rates for 2010. They have dropped with the exception of the charitable mileage rate, which stayed the same.

Business Mileage Rate * – $0.50/mile
Relocation Mileage Rate – $0.165/mile
Medical Mileage Rate – $0.165/mile
Charitable Mileage Rate – $0.14/mile

I was a bit disappointed to see the rate drop, but it’s to be expected. Happy Driving!

* Can be used only if taxpayer owns/leases a passenger auto, van, pickup, or panel truck not for hire (e.g, as a taxi) that was not depreciated under ACRS, MACRS or Sec. 179 in earlier years.

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