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Subject: Mounted search and rescue
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Re: [MSAR] H.R. 606, Volunteer Emergency Responder Fair Mileage Act of 2007
- From: Una Smith <una.smith@att.net>
- To: Mounted search and rescue <msar-riders@lists.ibiblio.org>
- Subject: Re: [MSAR] H.R. 606, Volunteer Emergency Responder Fair Mileage Act of 2007
- Date: Tue, 1 May 2007 16:03:32 -0600
Two separate issues, as Irv noted, both pertaining only to USA
federal income taxes and volunteer SAR responders:
>exclude from gross income mileage reimbursements
>to volunteer emergency medical responders and
>volunteer firefighters
Reimbursed expenses already are excluded from gross income.
>increase the mileage allowance for charitable contributions
>for the benefit of volunteer fire departments, and for other
>purposes."
Personally, I wish the mileage deduction for *all* charitable
organization volunteers were the same as the mileage deduction
for business use of a vehicle. Why limit the Act to volunteer
responders? For 2006 the business rate was 44.5 cents/mile
while the volunteer/charitable rate was a mere 14 cents/mile.
The medical rate is also a scandal. Here is a handy table:
http://www.biztaxadvisor.com/IRS-mileage-rate.html
And here is an analysis of the pros and cons of using the IRS
standard mileage deduction, or using actual expenses:
http://www.biztaxadvisor.com/irs-mileage.html
As Irv said, for MSAR responders with our trucks and trailers
and consequent terrible fuel economy, actual expenses probably
will be a far larger deduction.
Hope this helps,
Una Smith
New Mexico
-
[MSAR] H.R. 606, Volunteer Emergency Responder Fair Mileage Act of 2007,
Hal Sikes, 05/01/2007
-
Re: [MSAR] H.R. 606, Volunteer Emergency Responder Fair Mileage Act of 2007,
IRVIN LICHTENSTEIN, 05/01/2007
- Re: [MSAR] H.R. 606, Volunteer Emergency Responder Fair Mileage Act of 2007, Thor Burfine, 05/01/2007
- Re: [MSAR] H.R. 606, Volunteer Emergency Responder Fair Mileage Act of 2007, Una Smith, 05/01/2007
-
Re: [MSAR] H.R. 606, Volunteer Emergency Responder Fair Mileage Act of 2007,
IRVIN LICHTENSTEIN, 05/01/2007
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