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Posts Tagged ‘IRS’
IT’S A WASH
COVID-19 Paid Leave and Tax Credits As reported in Federal Coronavirus Workplace Relief (March 23) and COVID-19 Gets Noticed (April 2) the March 18 Families First Coronavirus Response Act (FFCRA) requires most employers with fewer than 500 on payroll to provide paid sick and family leave wages for certain COVID 19-related absences. The FFCRA includes […]
IRS ANNOUNCES NEW STANDARD MILEAGE RATES
The Internal Revenue Service (IRS) recently announced an increase in the optional standard mileage rate from 51 cents to 55.5 cents per mile for all business miles driven from July 1, 2011 through December 31, 2011. This is highest IRS standard rate since the latter part of 2008. www.irs.gov. Although the IRS typically updates its […]