IRS releases business standard mileage rate for 2012 The business standard mileage rate, which many employers use to
reimburse employees for business miles driven, is 55.5
cents-per-mile for 2012, the IRS has announced. This reflects
no change from ...
IRS updates Form 940 for mid-year expiration of FUTA surtax The IRS has updated Form 940 to reflect the mid-year 2011
expiration of the 0.2 percent FUTA surtax. FUTA taxes for 2011 will
be calculated using two rates, the IRS explained.Mid-yea...
MD - Emergency status provided for green energy regulations The Maryland Joint Committee on Administrative, Executive and
Legislative Review (AELR) has granted emergency status for the
corporate and personal income tax regulations pertainin...
VA - Domestic production deduction properly allocated A taxpayer that filed a federal consolidated corporate income tax
return and a separate return for Virginia corporate income tax
purposes properly claimed the IRC §199 deduction on...
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