Accounting Portal Articles

2009 IRS Standard Mileage Rates

IRS Medical Mileage Rate     $0.2400 IRS Charitable Mileage Rate     $0.1400 IRS Moving Mileage Rate     $0.2400 IRS Business Mileage Rate     $0.5500

2008 IRS Standard Mileage Rates

From 1/01/2008 to 6/30/2008 IRS Medical Mileage Rate     $0.1900 IRS Moving Mileage Rate     $0.1900 IRS Business Mileage Rate     $0.5050 IRS Charitable Mileage Rate     $0.1400 From 7/01/2008 to 12/31/2008 IRS Business...

2007 IRS Standard Mileage Rates

IRS Medical Mileage Rate     $0.2000 IRS Charitable Mileage Rate     $0.1400 IRS Moving Mileage Rate     $0.2000 IRS Business Mileage Rate     $0.4850

AccuWage Software 2014

AccuWage is free software from Social Security. AccuWage is for use with Electronic Filing W-2/W-2C – EFW2 or EFW2C The software allows you to check W-2 (Wage and Tax Statement) and W-2c (Corrected Wage...

Maximum Standard Automobile Cost (2015)

For purposes of computing the allowance under a FAVR plan, the standard automobile cost may not exceed $28,200 for automobiles (excluding trucks and vans) or $30,800 for trucks and vans. Source Section 6.02(6) of...

2015 IRS Standard Mileage Rates

Optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes for 2015. Beginning on Jan. 1, 2015, the standard mileage rates for the...

Increase of the Arkansas Minimum Wage (2015)

Overview On November 4, 2014 Arkansas voters approved an increase to the state’s minimum wage. The minimum wage increase is as follows: $7.50 per hour effective January 1, 2015; $8.00 per houreffective January 1,...

2015 Pension Plan Limitations

The Internal Revenue Service today announced cost‑of‑living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2015. Many of the pension plan limitations will change for 2015 because the...

Hawaii General Excise Tax (GET)

What is the fee for a GET license? A one-time $20 fee. How can I apply for a GET license? The State of Hawaii Basic Business Application, BB-1 Packet, must be completed and submitted...

Penalty Relief Pilot for Small Retirement Plans

IRS will begin a one-year pilot program in June to help small businesses with retirement plans that owe penalties for not filing reporting documents. By filing current and prior year forms during this pilot...