Business use of an automobile remains at 55½ cents per mile. For medical or moving expenses, it is 23 cents per mile (a half-cent decrease from the second half of 2011). For services to charitable organizations, the rate (which is set by statute) is 14 cents per mile.

Rather than using the standard mileage rates, taxpayers may instead use their actual costs if they maintain adequate records and can substantiate their expenses. The rules for substantiating these amounts appear in Rev. Proc. 2010-51.

For automobiles a taxpayer uses for business purposes, the portion of the business standard mileage rate treated as depreciation is 23 cents per mile for 2012 (it was 22 cents per mile for  2011).

Below is part of what is stated about this book:
“Worried about the state of our nation? You’re not alone. David and Andrea Reiser, authors of Letters From Home: A Wakeup Call For Success & Wealth, want to restore America to its former glory–and they know just the values that will take us there.

Everywhere you look, from talk shows to the office water cooler to the dinner table, you see people wringing their hands about the state of our nation. No wonder: It feels like we’re living through a slow-motion train wreck. Our national debt is out of control. Our politicians are corrupt. Our business leaders are greedy, inept, or both. Our young people are disrespectful and lazy. And a shocking number of citizens are more interested in grabbing entitlements than in working hard to pursue the American Dream.

Okay, these unflattering descriptions don’t fit everyone. But if we’re honest, we have to admit they do apply to enough citizens to constitute a problem–a big one. And according to David and Andrea Reiser, coauthors of Letters From Home, if we’ don’t shift our culture back to one that embraces the principles that made our country great, conditions will only worsen.

That’s the hope that fueled the writing of Letters From Home, a project that’s part cultural treatise and part kick in the pants: for parents, for young people, for influential leaders–really for anyone and everyone who values America and wants to see it restored to its former glory.

Written in the form of letters to the authors’ four sons, the book explores 15 basic American virtues that built our country and that foster individual success. Each chapter includes profiles of exceptional “real people”–the authors’ wealth management clients, friends, and neighbors–who truly walk the talk.

The authors are proud to contribute 100% of royalties from the publication of this book: 50% will support breast cancer research at Memorial Sloan-Kettering Cancer Center (mskcc.org) and FORCE (facingourrisk.org); and the other 50% will help end childhood hunger in American through Share Our Strength (strength.org).”

1. First, log on to Facebook.com and follow the on-screen directions for setting up an account. It’s quite user friendly and you can change the information you put in your profile at any time.

2. Your profile should say pertinent things about you, whether it’s your business or your personal account. You do need to decide whether or not you are going to go at this from a business or personal perspective, because the general opinion is that personal and business communications on Facebook should be separate.

3. Once you set up your account, you can search for friends using the Search feature. Facebook allows you to search groups or search for people according to a certain demographic (i.e., people who share your graduation year or home town). Once you have a few friends, you can search for friends of friends – those mutual friendships you share. Then your friend list will start growing.

4. Privacy settings can be adjusted according to your preferences. Check into the guidelines and make sure you have the settings where you want them. You are in control of who sees your profile and updates. You can also block people you don’t want to contact you on Facebook.

5. You can communicate with your friends in various ways. If you “write on their wall” then you are posting something others can see. The friend whose wall you wrote on would have his or her own privacy settings, and your friend decides who sees what is on his or her wall. So just beware that the wall is considered “public.”

You can also send messages to individuals. If you hover your mouse pointer over a person’s picture, the option to send a message comes up. Messages sent this way are not readable by others.