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You receive daily tax updates from a variety of sources. This morning, you got one with the following headline: IRS releases 2024 Standard Mileage Rates
You receive daily tax updates from a variety of sources. This morning, you got one with the following headline: "IRS releases 2024 Standard Mileage Rates for Business, Charity, Medical and Moving Expense Deductions" You know you will be preparing a return for a client who recently moved from California to North Carolina to start a new job so you are interested in this update. Q1: What specific type(s) of authority would you expect to find the information like standard mileage rates? Q2: What is the easiest way to find the 2024 standard mileage rates for moving expense deductions in Checkpoint? What primary source of authority provides these rates? Q3: Based on this, what information do you need to get from your client related to their move before preparing their 2024 return
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