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Department of Treasury

IRS Revises Mileage Reimbursement Rate for 2011

July 12, 2011 by Kathryn Carlson | 0 comments

In  Announcement 2011-40 , the Internal Revenue Service (IRS) has revised the optional standard mileage rates for computing the deductible costs of operating an automobile for business purposes. While gasoline costs are a major factor the IRS also considered depreciation and ...

Posted in: Department of Treasury, HR: Industry Updates Tags: 2011 revised mileage rates, business miles, IRS, mileage reimbursement rates Read More

Auto Dealerships: Is Your Customer’s Information Really Secure?

June 22, 2011 by Tamara Lischer | 0 comments

Ever since the Federal Trade Commission (FTC) passed the Safeguards Rule, customer information security has been a hot topic over the past several years for auto dealerships. The FTC mandates that auto dealerships have a formal, written, and revisable program specifying the s...

Posted in: Department of Treasury, HR: Industry Updates Tags: Customer Information Security, Dealership Information Security, federal trade commission, Safeguards Rule Read More

2011 Mileage Reimbursement Rates Increasing

December 29, 2010 by Kathryn Carlson | 0 comments

The Treasury Department has increased the standard mileage reimbursement rates effective January 1, 2011 ( although only a one cent increase)  to 51 cents per mile for business miles driven. Additional increased mileage rates are as follows: 19 cents per mile drive...

Posted in: Department of Treasury, HR: Industry Updates Tags: business miles, IRS, mileage, mileage reimbursement rates Read More

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