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U.S. Master Payroll Guide (2011)

U.S. Master Payroll Guide (2011)
This one-source resource to payroll is part of CCH's Master Series of professional guidebooks. You'll find everything you need to know about payroll from employers and their obligations to payroll withholding and tax deposits to payroll management and administration issues.

CCH® PAYROLL — 12/22/08

IRS issues Pub 15-B for 2009

The IRS has issued Pub. 15-B, Employer's Tax Guide to Fringe Benefits For use in 2009.

Changes to note

Cents-per-mile rule. The standard mileage rate you can use under the cents-per-mile rule to value the personal use of a vehicle you provide to an employee in 2009 is 55 cents-per-mile.

Increase in qualified parking exclusion and commuter transportation benefit. For 2009, the monthly exclusion for qualified parking increases to $230 and the monthly exclusion for commuter highway vehicle transportation and transit passes increases to $120. (IRS Pub. 15-B, 2009.)

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