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Monday, January 13, 2025
Property Owners in the Fire Damage Areas: Misfortune & Calamity (M&C) program
Under California law, if your property, your home or business, has been damaged or destroyed by fire, you may qualify for property tax relief under the Misfortune & Calamity (M&C) program.Here are the key details to the M&C tax relief program:To qualify, the damage must exceed $10,000, and a claim form must be filed with our office within 12 months of the damage.Once filed, we will investigate and verify the claim, determine the cost to cure, and reduce the assessed value effective the date the damage
Tuesday, January 07, 20252025 IRS Mileage Rate Announced
Employers who use the IRS standard mileage to reimburse employees who drive their personal cars on company business rate will need to pay a little more in 2025. The IRS announced on December 19 that the standard mileage rate for business use will increase to 70 cents per mile on January 1, 2025, up from 67 cents in 2024. The IRS also announced the following 2025 rates, which are the same as 2024 levels:21 cents per mile driven for medical or moving purposes for qualified active-duty members of the
