IRS e-News for Small Businesses
- 2010 standard mileage rates
- Keeping records for barter activities
- Tip reporting program extended
- Winter SSA/IRS Reporter
- Register early for Business Services Online
- Recent IRS announcements
1. 2010 standard mileage rates
Beginning Jan. 1 the standard mileage rates are:
- 50 cents per mile for business miles
- 16.5 cents per mile for medical or moving purposes
- 14 cents per mile in service of charitable organizations
Back to top
2. Keeping records for barter activities
New Headliner Volume 281 has information on record keeping for business barter transactions.
Back to top
3. Tip reporting program extended
IRS has extended the Attributed Tip Income Program that simplifies recordkeeping for reporting tip income in the food and beverage industry for two additional years.
Back to top
4. Winter SSA/IRS Reporter
The winter issue of the SSA/IRS Reporter is now available.
Back to top
5. Register early for Business Services Online
Register now and beat the January rush if you plan to use Social Security’s Business Services Online application.
Back to top
6. Recent IRS announcements
- Tax Tip 2009-13, 10 Important Facts about the Extended First-Time Homebuyer Credit
- IR-2009-112, New Tax Guide Features Recovery Tax Breaks; Helps People Save on their 2009 Taxes
- IR-2009-114, IRS Offers Tips for Year-End Donations
Back to top
What's New