Found 118 Matching Items; Displaying 41 - 50.
IRS issues standard mileage rates for 2023; business use increases 3 cents per mile
IR-2022-234, December 29, 2022 — The Internal Revenue Service today issued the 2023 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.
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IRS issues standard mileage rates for 2024; mileage rate increases to 67 cents a mile, up 1.5 cents from 2023
IR-2023-239, Dec. 14, 2023 — The Internal Revenue Service today issued the 2024 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.
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Information on Donated Property for Tax Professionals
Information on Donated Property (non-cash contributions) for Tax Professionals
General Information
Charities and Nonprofits
Private foundation termination tax
Discussion of the tax under Code section 507(c) imposed upon termination of a private foundation.
General Information
Charities and Nonprofits
SOI Tax Stats - Nonresident alien estate tax study metadata
SOI Tax Stats - Nonresident Alien Estate Tax Study Metadata
About IRS
Tax Professionals
Reporting requirements: Exempt organization annual returns
Reporting Requirements - Exempt Organization Annual Returns (donated property)
General Information
Charities and Nonprofits
Large Business & International directives
LB&I directives provide industry-related and administrative guidance to LB&I examiners to ensure consistent tax administration. The directives do not establish Service position on legal issues and are not legal guidance.
General Information
Corporations
IRS warns taxpayers of improper art donation deduction promotions; highlights common red flags
IR-2023-185, Oct. 5, 2023 — The Internal Revenue Service today warned taxpayers to watch for promotions involving exaggerated art donation deductions that can target high-income filers and offered special tips for people to use to avoid getting caught in a scheme.
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News Media
Tax pro news and resources
Check here for the latest news of interest to tax professionals. We will update the page periodically as the news comes in.
About IRS
Tax Professionals
Qualifying distributions: Changes in asset use
Qualifying distributions: Changes in asset use
General Information
Charities and Nonprofits