The Internal Revenue Service today (June 27, 2011) announced an increase in the optional standard mileage rates for the final six months of 2011. Taxpayers may use the optional standard rates to calculate the deductible costs of operating an automobile for business and other purposes.
The rate will increase to 55.5 cents a mile for all business miles driven from July 1, 2011, through Dec. 31, 2011. This is an increase of 4.5 cents from the 51 cent rate in effect for the first six months of 2011, as set forth in Revenue Procedure 2010-51.
Provided by Steiner & Granger Insurance and Financial Services [email protected]
Crisis investing: Keeping your head
When a crisis creates uncertainty, markets often become volatile, especially when the scope of the disaster isn't clear. A crisis is like Janus, the Roman god with faces that looked forward and back.
Its offices are in the Bluffton Entrepreneurial Center, 505 E. Jefferson St. Following the July session, classes begin next on Aug. 7. Drive Time Driving Instruction is an Icon advertiser.
For a number of years, First National Bank has been actively involved in providing financial education to youth in area schools. Students are taught the importance of saving, the differences between wants and needs, and about understanding the value of money. In 2010, the Bank started a "Young Entrepreneurs" program that specifically focused on encouraging the entrepreneurial spirit, personal responsibility, and creativity. This year, the Bank has continued delivering that message and encouraging students to take ownership of the things they want by earning their own money.
Village Cut & Curl, in the fight against cancer, is giving free haircuts to people who have to start chemotherapy. They will also trim or style their hair once it begins to regrow. The salon will also give discounts for people willing to donate their hair for Locks of Love. Find the Village Cut & Curl at 212 Cherry St. or call 419-358-7593.
