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Archive for December 6th, 2013

2014 IRS Standard Mileage Rates

Posted by taxguru on December 6, 2013

IRS has released their standard mileage rates for 2014 in plenty of time for those who use them as a guide for employee reimbursements to make the appropriate adjustments.

Beginning on Jan. 1, 2014, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:

  • 56 cents per mile for business miles driven
  • 23.5 cents per mile driven for medical or moving purposes
  • 14 cents per mile driven in service of charitable organizations

 

Posted in Deductions, IRS, Vehicles | Comments Off on 2014 IRS Standard Mileage Rates

IRS Attacks on BHO Critics Continue

Posted by taxguru on December 6, 2013

Obama dismisses IRS targeting of conservatives – He considers himself a king and can use whatever governmental agencies he wants to silence his opponents. Nobody else in DC has the guts to try to stop him from abusing the powers of the presidency.

  

IRS Floats Rule Changes to Tip 2014 Elections – Of course, these will only be enforced against right wing groups. Left wing groups can continue to use their tax exempt status to do as much political activity as they want.

 

 

Posted in IRS | Comments Off on IRS Attacks on BHO Critics Continue