Return Processing Delays Are Over

  1. Return Processing Delays Are Over

    The IRS began processing tax returns delayed by the enactment of the 2010 Tax Relief Act on Monday, 2/14/11. According to News Release IR-2011-7, this delay affected paper and e-filed returns claiming itemized deductions on Schedule A, the higher education tuition and fees deduction on Form 8917, and the educator expenses deduction.

  2. Standard Mileage Rates for 2010

    The standard mileage rate for business use of a car, van, pick-up or panel truck is 50 cents for each mile driven. The rate for the cost of operating a vehicle for medical reasons or as part of a deductible move is 16.5 cents per mile. The rate for using a car to provide services to charitable organizations is set by law and remains at 14 cents a mile.