Internal Revenue Bulletins and Cumulative Bulletin
Internal Revenue Bulletins Online Internal Revenue Bulletins Weekly Bulletins are consolidated semiannually into a Cumulative Bulletin.
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What is Depreciation?
Depreciation is an income tax deduction that allows a taxpayer to recover the cost or other basis of certain property. It is an annual allowance for the wear and tear, deterioration, or obsolescence of...
2011 Standard Mileage Rates – Rates 1/1 through 6/30/11
Internal Revenue Service issued the 2011 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. 1, 2011, the standard...
2010 Standard Mileage Rates
Beginning on Jan. 1, 2010, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) are: 50 cents per mile for business miles driven 16.5 cents per mile...
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