I was asked the following question from a local entrepreneur in Central Illinois: What is the law with regard to reimbursing employees for mileage? To begin, Illinois has no laws regarding whether an employer must pay for mileage for business travel. However, if an employer chooses to reimburse for mileage, they should use the rate used by the IRS (currently …
Charitable Deductions
I’m blogging from downtown Denver, Colorado. I’m here for the National Cattlemen’s Beef Association (“NCBA”) Annual Convention and Trade Show. I came across an article last night by the Ohio agriculture law firm of Barrett, Easterday, Cunningham & Eselgroth, LLP regarding charitable deductions. Since tax-time is around the corner, I thought it would be appropriate to post a few reminders from …