Tag Archive | "IRS"

IRS announces 2010 Standard Mileage Rates

WASHINGTON, DC — The Internal Revenue Service today issued the 2010 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. 1, 2010, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: […]

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IRS says interest rates remain same for Q1 of 2010

WASHINGTON, DC — The IRS (Internal Revenue Service) today announced that interest rates for the calendar quarter beginning January 1, 2010, will remain the same as they were in the prior quarter. The rates will be: four (4) percent for overpayments [three (3) percent in the case of a corporation]; four (4) percent for underpayments; […]

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For many small businesses, fall filing deadline looms for special refund claims

WASHINGTON, DC — Time is running out for many small businesses wishing to take advantage of the expanded business loss carryback option included in this year’s recovery law, the Internal Revenue Service said today. Eligible individuals have until Oct. 15 to choose this expanded carryback option. Eligible calendar-year corporations have until Sept. 15. This carryback […]

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Interest rates to remain steady for fourth quarter 2009

WASHINGTON, DC — The Internal Revenue Service today announced that interest rates for the calendar quarter beginning October 1, 2009, will remain the same. The rates will be: four (4) percent for overpayments [three (3) percent in the case of a corporation]; four (4) percent for underpayments; six (6) percent for large corporate underpayments; and […]

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IRS reminds taxpayers to take advantage of Recovery Act Benefits

WASHINGTON, DC — With 2009 now half over, the Internal Revenue Service reminds taxpayers to take advantage of the numerous tax breaks made available earlier this year in the American Recovery and Reinvestment Act (ARRA). The recovery law provides tax incentives for first-time homebuyers, people purchasing new cars, those interested in making their homes more […]

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‘eBus’ brings foreclosure prevention to Lafayette homeowners

LAFAYETTE, Ind. — The Fifth Third Bank Homeownership Mobile (aka the “eBus”) will be rolling into Lafayette, Indiana this Wednesday (tomorrow) and Thursday, June 3 and 4. The Homeownership Mobile is a 40-foot bus that doubles as a mobile classroom to provide credit counseling, financial literacy, homeownership assistance and foreclosure prevention directly to where people […]

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Greater Lafayette Community Calendar

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