Tax Tips

 

Dues Deductibility Notice  

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

2012 Mileage Rates

  1. For 2012, business mileage rate is 55.5 cents per mile.
  2. For 2012, miles driven for moving purposes is 23 cents per mile.
  3. For 2012, miles driven in service for a charitable organization is 14 cents per mile.

2011 Mileage Rates

  1. For 2011, business mileage rate is 51 cents per mile.
  2. For 2011, miles driven for medical or moving purposes is 19 cents per mile.
  3. For 2011, 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