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The YARDI Guy

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2007 - VACATION SCHEDULE - 2007
MAY 28 - JUNE 1 (including Memorial Day)
JULY 2 - 6 (including Independence Day)
AUGUST 6 - 10 (subject to ECMHS and family reunions)
SEPTEMBER 3 - 7 (including Labor Day)

NEW NOTE: IRS FINALLY FIGURED IT OUT - HIGH GAS PRICES ARE HERE TO STAY

OLD NOTE: MILEAGE RATE FALLS TO 44.5 CENTS PER MILE ON JANUARY 1, 2006

IRS raises mileage rate on higher gas prices
Fri Sep 9, 3:16 PM ET
WASHINGTON (Reuters) - The U.S.
Internal Revenue Service on Friday increased a mileage rate used to compute the deductible costs of operating an automobile for business due to the sharp rise in gasoline prices.
It also delayed setting the 2006 rate, saying gas prices may decline before the start of the new year.
"This is about fairness for taxpayers," said IRS Commissioner Mark Everson. "People are entitled to deduct the real cost of operating a vehicle. We've responded to the recent gas price increases by making this special adjustment so taxpayers get the tax benefit they deserve."
The tax-collecting agency boosted the optional standard mileage rate to 48.5 cents a mile for all business miles driven in the last four months of 2005, up 8 cents from the rate used so far this year.
The optional business standard mileage rate is used to compute the deductible costs of operating an automobile for business use in lieu of the extra burden of tracking actual costs. This rate is also used as a benchmark by the U.S. Government and some businesses to reimburse employees for mileage.
The IRS normally updates mileage rates once a year in the fall for the next calendar year. But it said it would delay setting the 2006 rate until nearer to January because gas prices could decline over the next few months.
Gas prices have soared above $3 a gallon and far higher in some places because of a sudden drop in supplies following Hurricane Katrina.

Sorry, folks, but the IRS is usually a day late and a dollar short on these adjustments, so I'm usually paying higher fuel costs well before I pass them along to you. When 40.5 cents per mile was set late last year for 2005, unleaded was somewhere between $1.65 and $1.75 per gallon, but gas prices were at or above $2.00 per gallon most, if not all, of this year. If and when the IRS lowers the rate, I will do the same. However, if and when the IRS again RAISES the rate...well...you know.

(866) FAX ZECK now rings into my regular number.

1 or 2 faxes per month did not justify the cost of a second line.
YARDI reports can be e-mailed much easier than printing and faxing.
(Just print to screen, then to Word and then to e-mail!)
But you may still fax - when it screeches into my ear, I'll manually receive it.

Eventually, I may drop the facade of a separate toll-free fax number.
I may even switch to Vonage and end up with generic numbers.
But it was hard enough as it was to give up (608) 848 FAX 2.
I'd probably need grief counseling if I let go of (866) FAX ZECK.

I cannot even imagine losing (866) TED ZECK!
(Oh, the vanity!)

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Verona is "starred" just southwest of Madison

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Letters to TEDitor

2005 Standard Mileage Rates Set
(ADJUSTED BY THE IRS EFFECTIVE 09/01/2005)
IR-2004-139, Nov. 17, 2004
WASHINGTON � The Internal Revenue Service today released the optional standard mileage rates to use for 2005 in computing the deductible costs of operating an automobile for business, charitable, medical or moving expense purposes.
Beginning Jan. 1, 2005, the standard mileage rates for the use of a car (including vans, pickups or panel trucks) will be:
40.5 cents a mile for all business miles driven, up from 37.5 cents a mile in 2004;
15 cents a mile when computing deductible medical or moving expenses, up from 14 cents a mile in 2004; and
14 cents a mile when giving services to a charitable organization.
The 3-cent increase in the business mileage rate was the largest one-year rise ever. The primary reasons were higher prices for vehicles and fuel during the year ending in September. The charitable standard mileage rate is set by law.
The standard mileage rates for business, medical and moving purposes are based on an annual study of the fixed and variable costs of operating an automobile. An independent contractor, Runzheimer International, conducted the study for the IRS.
A taxpayer may not use the business standard mileage rate for a vehicle after using any depreciation method under the Modified Accelerated Cost Recovery System (MACRS), after claiming a Section 179 deduction for that vehicle, for any vehicle used for hire, or for more than four vehicles used simultaneously. Revenue Procedure 2004-64 contains additional information on these standard mileage rates.

Call me today at (866) TED ZECK to get on my Schedule & make some News!