Wednesday, March 20, 2013

Keep those driving logs up-to-date!

From The Chronicle of Philanthropy comes a report on the Charitable Driving Tax Relief Act, filed in the House of Representatives last month.   According to the report, the bill would increase the charitable volunteer per mile deduction rate of 14 cents per mile up to the rate for employee reimbursements, which is currently 56.5 cents per mile.  The IRS' latest on standard mileage rates can be found here.

Accordingly to Thomas.gov, the bill is H.R. 1212, although the text of the legislation is not yet upload.  I will keep checking back and provide a link when it is available.

EWW

http://lawprofessors.typepad.com/nonprofit/2013/03/keep-those-driving-logs-up-to-date.html

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