December 17, 2015: IRS Increases Mileage Rate to 53.5 Cents per Mile. Taxpayers may use the optional standard rates to calculate the deductible costs of operating an automobile for business and other purposes. For more info, visit this link.
Some parishes and/or church-sponsored programs may qualify for the Small Business Health Care Tax Credit. For more information, please see the Church Medical Trust Q&A in the attached document.
Download the Q&A