Tax Tips

 

Dues Deductibility Notice  

Click here for important tax information relating to your dues, PAC contributions, and charitable contributions.

2010 Mileage Rates

  1. For 2010, business mileage rate is 50 cents per mile.
  2. For 2010, miles driven for moving purposes is 16.5 cents per mile.
  3. For 2010, miles driven in service for a charitable organization is 14 cents per mile.

2009 Mileage Rates

  1. For 2009, business mileage rate is 55 cents per mile.
  2. For 2009, miles driven for moving purposes is 24 cents per mile.
  3. For 2009, miles driven in service for a charitable organization is 14 cents per mile.

Information to Brokers

1099 Reporting for Real Estate Commissions Real estate brokers generally must file Form 1099-MISC for commission payments of $600 or more. For more information, visit the California Franchise Tax Board web site at www.ftb.ca.gov