0
What else can I help you with?
What is the current IRS gas mileage allowance?
.55 per mile
What is the breakdown of the current IRS gas mileage allowance?
51 cents per mile It is now 50 cents per mile for 2010 income taxes
Is there a meal allowance for members of US congress?
Yes
What is the IRS mileage allowance for large trucks?
.55 cents per mile
Who is the current head of the IRS?
IRS Commissioner Doug Shulman
Is allowance for doubtful debt a current liability?
no
Is the IRS going to reduce mileage reimbursement allowance given reduction in gas prices?
That would not be unreasonable
What is the current depletion allowance Oil Gas?
15%
Why does the IRS require an employee who receives a vehicle allowance for business use of personal vehicle to purchase a vehicle worth 16k new?
I don't believe the IRS has any say in the type or cost of any personal vehicle regardless of its use. The vehicle allowance is determined by the business based on their criteria.
What is the maximum mileage allowance for business travel expenses?
The maximum mileage allowance for business travel expenses is determined by the IRS and is currently 58 cents per mile for the tax year 2019.
What is included in the IRS mileage allowance Specifically is the cost od Insurance premiums included in that number?
All costs associated with the vehicle, gas, oil, wear and tear and insurance are accounted for in the mileage allowance.
What is the average daily meal allowance nationwide?
The average daily meal allowance nationwide in the United States is about $35. This is the amount that truck drivers are allowed to take as a deduction on their taxes when they are away from home. Some companies may allow more or less for their workers that have to travel.
