Bob Scott

Bob Scott

IRS Issues 2020 Mileage Rates

The Internal Revenue Service has issued the standard mileage rates for calculating the deductible costs of operating an automobile for business, charitable, medical or moving purposes. The standard rate for vehicles driven for business purposes is 57.5 cents per mile for 2020, down a half cent from the 2019 figure.

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New Free File Agreement Reached

The Internal Revenue Service has reached a new agreement with Free File Inc. that should eliminate complaints made about Intuit and H&R Block during last year. FFI members agreed recently not to exclude the Free File Landing page from Internet searches.

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Axcess Knowledge Coach Debuts

Wolters Kluwer Tax & Accounting has introduced CCH Axcess Knowledge Coach. The company notes this is the first audit module in its cloud-based Axcess Suite and is built on the ProSystem fx Knowledge Coach software.

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