Tag: IRS
Effective January 1st, 2020, there will be a new W-4 Form designed to be more transparent and will ask more straightforward questions, according to the Treasury Department. The Internal Revenue Service is currently redesigning the W-4 Form, which determines how much tax employers take out of your paycheck.
Beginning January 1, 2019, the standard mileage rate allowed by the IRS will be 58 cents per mile for business miles driven. This is a 3 cent increase from the 2018 rate.
Beginning on January 1, 2018, the standard mileage rates allowed by the IRS will be 54.5 cents per mile for business miles driven. This is an increase from the 2017 rate.
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