Summer is a great time for new projects to revitalize your business. One of these projects could be just the thing to spice up your business and help you rejuvenate yourself and your team. Here are five ideas to help you heat things up at work and reap the rewards that result: Move from reactive to proactive. Work on fine-tuning one small area of your business where you’re constantly … [Read more...]
IRS Announces Lower Mileage Rate for 2010
The IRS announced that the standard mileage rate for 2010 will be decreased to 50 cents per business mile. This is a significant reduction from the 55 cents allowed in 2009. According to the IRS, "The mileage rates for 2010 reflect generally lower transportation costs compared to a year ago." So, when can you deduct business mileage? Driving to client meetings, industry conferences, or running … [Read more...]
Using Your Vehicle for Business
Regardless of what type of business you're in, there are going to be times when you need to drive your personal vehicle on a business trip. Whether it's running to Staples for office supplies or driving your deposit to the bank, business mileage is deductible. Whether you're taking the standard mileage deduction or going through the arduous task of using actual vehicle expenses, it's important … [Read more...]