2010 Mileage Rates

2010 Mileage RatesThe 2010 standard mileage rates were released.

50 cents per mile for business miles driven.
16.5 cents per mile driven for medical and moving purposes.
14 cents per mile driven for charitable services.
ents per mile for business miles driven.

Business Use of Cell Phone

June 13, 2009 as reported on http://www.msnbc.msn.com/id/31332516/ns/business-us_business/

A law dating to 1989 requires companies seeking to deduct worker cell phones as an expense to track personal use with painstaking documentation of minutes. The IRS says a notice issued this week is intended to make it easier for employers and workers to comply with the law.

The IRS this week issued a notice seeking public comment on ways to revise the current system. Options include letting employers deduct the entire sum of a worker's cell phone use if a worker can establish she uses a personal phone for some period, and letting employers use statistical sampling to generalize about usage.

Another idea is for employers to assign a set rate for business use, 75 percent proposed by the IRS, with the remaining treated as personal use.

"For employers we thought we should give them alternative ways to take these deductions," the IRS official said.

The agency will take public comment on the proposals until September 2, 2009.