The Internal Revenue Service issued the 2015 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.
Beginning on Jan. 1, 2015, the standard mileage rates for the use of a car, van, pickup or panel truck will be:
The standard mileage rate for business is based on an annual study of the fixed and variable costs of operating an automobile, including depreciation, insurance, repairs, tires, maintenance, gas and oil. The rate for medical and moving purposes is based on the variable costs, such as gas and oil. The charitable rate is set by law.
Taxpayers always have the option of claiming deductions based on the actual costs of using a vehicle rather than the standard mileage rates.
A taxpayer may not use the business standard mileage rate for a vehicle after claiming accelerated depreciation, including the Section 179 expense deduction, on that vehicle. Likewise, the standard rate is not available to fleet owners (more than four vehicles used simultaneously). Details on these and other special rules are in Revenue Procedure 2010-51, the instructions to Form 1040 and various online IRS publications including Publication 17, Your Federal Income Tax.
Besides the standard mileage rates, Notice 2014-79, posted on IRS.gov, also includes the basis reduction amounts for those choosing the business standard mileage rate, as well as the maximum standard automobile cost that may be used in computing an allowance under a fixed and variable rate plan.
Click here to view on the IRS website.
HAND Membership Promotional Rates Individuals and organizations that join between now and December 31, 2014 will receive special discounts on their annual dues! Student Dues Individual Dues Small Nonprofit Organization Large Nonprofit Organization Consultant/Sole Practitioner Governmental Agency For-Profit Developer/Financial Institution/Professional Service Firm |
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On November 19, 2014, the Federal Reserve Board will host a live webcast to showcase its new report titled In the Shadow of the Great Recession: Experiences and Perspectives of Young Workers. The report is based on the Board’s 2013 Survey of Young Workers which gauged the experiences and aspirations of young adults entering the workforce. In the Shadow of the Great Recession provides insight into numerous labor market topics, including the educational attainment, work experience, and expectations of adults aged 18 to 30.
On November 19, 2014 from 2PM to 3PM (EST), you are invited to watch a live discussion of the report: http://www.ustream.tv/federalreserve
Presenters:
Heidi Kaplan, Federal Reserve Board (Author)
Christopher Smith, Federal Reserve Board (Discussant)
Jennifer Wang, The Young Invincibles (Discussant)
Andrew Hanson, Georgetown University Center on Education and the Workforce (Discussant)
You can access In the Shadow of the Great Recession: Experiences and Perspectives of Young Workers on the Community Development tab of Board’s website on November 18, 2014 at http://www.federalreserve.gov/communitydev/
The George Mason University Center for Regional Analysis announces a new research report in its ongoing Reflections on the National Capital Region series. The new paper is entitled, “Solving Regional Problems in the National Capital Region Without Regional Government: Who Will Lead?” This report traces the past 50 years of public and private sector leadership in the region and considers what the region needs to do to build a stronger regional leadership structure in the future.
Click here to download this new report
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Payments: Orders placed on the event registration page are not confirmed until payment is received. A confirmation email will be sent to the email address listed in your registration. If you paid by credit card, a receipt will be sent to the email address listed in your registration. If you mail a check, all payments must be received within seven days of completing your registration form. Checks should be remitted to: HAND, PO Box 48386, Washington, DC 20002
Guest List & Dietary Preference: If your registration includes a luncheon table or multiple guests, please submit guest names and menu choices by May 1, 2020. Submit guest names here.
Housing Expo: Plan to exhibit? Download the Housing Expo FAQs here.
Omni Shoreham Hotel Room Block: For attendees looking to secure overnight accommodations on May 25th, HAND has secured a rate starting at $189 for conference attendees. There are a limited amount of rooms available, so visit this link today to reserve your room. May 10th is the last day to secure a room at the discounted rate.
Ad Submission: The artwork for advertisements should be submitted to annualmeeting@handhousing.org. You can download the ad spec sheet here. Deadline for ad submission is April 13, 2020.
Cancellations & Changes: If you wish to cancel or change your registration for the Annual Meeting & Housing Expo, please send a request in writing to annualmeeting@handhousing.org. All cancellation requests made prior to April 27th will receive a 50% refund. For cancellation requests made after April 27th, no refund will be provided.
Door Prizes: Are you interested in donating a door prize to this year’s Annual Meeting? Email annualmeeting@handhousing.org to coordinate with our team.
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