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Louisville, Kentucky 40203

 

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EagleLove Accounting Consultancy Firm, LLC
EagleLove Accounting Consultancy Firm, LLC

 

Earned Income Tax Credit, EITC

Beginning in 2017, if you claim the Earned Income Tax Credit (EITC) or Additional Child Tax Credit (ACTC) on your tax return, the IRS must hold your refund until February 15 — even the portion not associated with EITC or ACTC. The best way to track your refund is Where's My Refund? or the IRS2Go mobile app.

 

 

 

2017 Standard Mileage Rates for Business, Medical and Moving Announced

Beginning on Jan. 1, 2017, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:

  • 53.5 cents per mile for business miles driven, down from 54 cents for 2016
  • 17 cents per mile driven for medical or moving purposes, down from 19 cents for 2016
  • 14 cents per mile driven in service of charitable organizations

 

 

 

 

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