The IRS will not impose a tax penalty when dyed diesel fuel is sold for use or used on the highway Oct. 30 through Dec. 7 in New Jersey and parts of New York

IR-2012-94 has more information.

3. 2013 standard mileage rates up 1 cent per mile

Beginning Jan. 1, 2013, the standard mileage rates will be:

56.5 cents per mile for business miles
24 cents per mile for medical or moving purposes
14 cents per mile driven in service of charitable organizations

IR-2012-95 will be available on IRS.gov soon.

4. Employers hiring veterans by year’s end may get expanded tax credit

IRS Special Edition Tax Tip 2012-14 has six key facts about the Work Opportunity Tax Credit.

5. 2013 pension plan limitations

IR-2012-77 includes the 2013 limitations for pension plans and other retirement-related items.

6. Recent IRS announcements

IR-2012-93, Retirement Plans Can Make Loans, Hardship Distributions to Sandy Victims
IR-2012-91, IRS Warns Consumers of Possible Scams Relating to Hurricane Sandy Relief
RI-2012-30, Tax Relief for Victims of Hurricane Sandy in Rhode Island
IR-2012-92, IRS Advisory Council Issues 2012 Annual Report

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