IRS Announces 2011 Standard Mileage Rates

IR-2010-119, Dec. 3, 2010 Corrected on Dec. 13, 2010, to reflect changes for 2011 WASHINGTON — The Internal Revenue Service today issued the 2011 optional standard mileage rates used to calculate the deductible costs of operating an automobile for...

IRS Announces Pension Plan Limitations for 2010

IRS Announces Pension Plan Limitations for 2010 WASHINGTON — The Internal Revenue Service today announced cost‑of‑living adjustments applicable to dollar limitations for pension plans and other items for Tax Year 2010. Section 415 of the Internal Revenue Code provides...