Industry Note:
Tell Staff To Beware New Mileage Deduction Limitations
Published on Fri Jun 01, 2018
If you don't pay the full Internal Revenue Service mileage rate to your employees for travel, you should alert them to a tax change that may affect them. In a notice issued May 25, the IRS implements a change made in last December's Tax Cuts and Jobs Act. "The [2018] business standard mileage rate ... which was issued before the [...]