IRS Decreases Business Mileage Rate in 2009

by Ted

The IRS has announced that the standard business mileage rate for transportation expenses paid or incurred beginning January 1, 2009, will be 55 cents per mile, down from the 58.5 cents per mile rate for 2008 Source :  www.irs.gov/newsroom/article/0,,id=200505,00.html. WASHINGTON — The Internal Revenue Service today issued the 2009 optional standard mileage rates used to […]

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Unemployment Compensation Extension Act of 2008

by Ted

OpenCongress Summary: This bill would provide for seven more weeks of unemployment insurance benefits for those whose benefits have run out, but still have not found work. In states with an unemployment rate above six percent – like Rhode Island, Michigan and California – the bill would provide for an additional 13 weeks of extended […]

Filed under: Federal News, Payroll News
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