The focus is red wine and to get right to it without distraction, click The Wine Commonsewer Speaks. The rest of the enchilada is just enough of an
eclectic mix of commentary on culture, food, tax, and econ 101 to
distract from the focus on red wine.
We appreciate your patronage.
TWC's Theme Song:
Tax & Accounting Offices of Michael R Snell
Accounting & Tax Consultation for the Discriminating Client
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A note from our crack legal team at Dewey, Screwem, & Howe, LLP.....
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As an employer you may reimburse your employees who drive personal vehicles for business reasons up to the IRS standard rate. Anything above the standard mileage rate is required to be reported to IRS.
As an employee you may deduct up to 50.5 cents per mile of business travel that you were not reimbursed for.
In either case, to fly in an audit there must be adequate records. Employers will need an expense report from the employee documenting the miles driven. Easy enough to do with
modern day planners and PDA's.
BTW, commuting is not business miles unless you are a construction worker.