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| Accounting & Tax Solutions, Inc. is a full service tax, accounting, and business consulting firm located in Lakewood, CO and serving Arvada, Lakewood, Wheatridge, Golden, Littleton, Morrison, Denver, Highlands Ranch, Englewood, Centennial, Aurora, Greenwood Village, Westminster, Thornton, Northglenn, Broomfield, Commerce City, and Brighton. See our Services pages for detailed information, call 303.232.8300 or click to Schedule an Appointment. |
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Tax Tip: (December 2010)
Standard Mileage Rates
The IRS released on Friday, December 3rd, the standard mileage rates for 2011. The optional standard mileage rate can be used by taxpayers to calculate the deductible costs of operating an automobile, in lieu of the actual cost method.
The new rates are: Business use - 51 cents/mile; medical or moving expenses - 19 cents/mile; services to charitable organizations - 14 cents/mile. For tax year 2010, the rates were 50 cents, 16.5 cents and 14 cents respectively.
Contact Us or call today: 303.232.8300
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Let Accounting & Tax Solutions, Inc. help you navigate through the many regulations and nuances of the tax laws, to ensure that you receive the expert advice of a licensed tax practitioner: Contact Form
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office: 303.232.8300 address: 710 Kipling Street, Suite 205, Lakewood, CO 80215
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