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American Payroll Association (APA) Basic Guide to Payroll, 2013 Edition

American Payroll Association (APA) Basic Guide to Payroll, 2013 Edition
It's more important than ever to be in compliance with payroll laws and regulations! How do you stay in compliance and avoid penalties? The APA Basic Guide to Payroll is written to make understanding the laws and regulations as easy as possible. And this single-volume guide is filled with tools to help you apply the law and make proper calculations – with ease!

CCH® PAYROLL — 12/08/09

Standard mileage rates released for 2010

The standard mileage rate for computing the value of the business use of an automobile will decrease to 50 (currently, 55) cents-per-mile. For medical and moving expense purposes, the rate will be 16.5 cents-per-mile. The mileage rate for charity purposes will remain 14 cents-per-mile. Employers may use the standard mileage rate to pay for auto expenses incurred by employees under a reimbursement or expense allowance arrangement and thereby substantiate and adequately account for such expenses, provided that accountable plan requirements are satisfied.

Standard automobile cost

The standard automobile cost for fixed and variable rate allowance purposes will increase to $27,300 (currently, $27,200).

(IRS News Release IR-2009-111; IRS Rev. Proc. 2009-54, IRB 2009-51, December 3, 2009.)

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