Vision Payroll

November 21, 2012

Tip of the Week: IRS Increases Standard Mileage Rate to 56.5 Cents per Mile for 2013

IRS Increases Standard Mileage Rate to 56.5 Cents per Mile for 2013
IRS Increases Standard Mileage Rate to 56.5 Cents per Mile for 2013
The standard mileage rates for the use of automobiles beginning January 1, 2013 will be 56.5 cents per mile for business miles driven and 24 cents per mile driven for medical or moving purposes the Internal Revenue Service announced in Notice 2012-72 and News Release IR-2012-95.

Both Rates Are Higher than 2012 Rates

The new rates are changed from 55.5 cents per mile for business travel and 23 cents per mile for moving and medical travel for 2012.

Charitable Rate Remains Unchanged

The rate for miles driven in service of charitable organizations remains the same at 14 cents per mile.

Contact Vision Payroll for More Information on 2013 Mileage Rates

Contact Vision Payroll if you have any questions on 2013 mileage rates or visit our Important Facts and Figures page for further information.

November 12, 2012

Thanksgiving Day Holiday May Require Change in Processing Schedule

Filed under: News — Tags: , , , — Vision @ 5:43 pm
Thanksgiving Day Holiday May Require Change in Processing Schedule
Thanksgiving Day Holiday May Require Change in Processing Schedule
Thursday, November 22, 2012 will be Thanksgiving Day, a federal holiday. The offices of Vision Payroll will close Thanksgiving Eve, November 21 at 3 pm EST and re-open Friday November 23. Most banks will also be closed in observance of the holiday. Payroll changes and hours must be submitted before the processing deadlines listed below:

Normal Payroll Date Process Deadline
11/22/2012 11/19/2012
11/23/2012 11/20/2012
11/26/2012 11/21/2012

Payroll Dates May Be Affected by Thanksgiving Day

Payrolls dated November 22 will be paid November 21 unless a previous change in schedule has been submitted. Payrolls submitted after these processing deadlines will be pushed back until the next available processing day. No changes are required for payrolls dated November 27.

Christmas Day Is Next Federal Holiday

There will be no UPS ground delivery on November 22 or November 23, so we strongly recommend submitting payrolls during this time as early as practicable. The next federal holiday will be Tuesday, December 25, 2012, Christmas Day. Contact Vision Payroll as soon as possible to make changes to or for questions on your processing schedule.

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