Notices from the finance department

The LLCC mileage reimbursement rate did not change for 2018. It will still be at 13.0 cents per mile. The IRS mileage rate starting Jan. 1, 2018 is 54.5 cents per mile.

The 2018 income tax rates have not yet been published. The IRS is working to develop withholding guidance to implement the tax reform bill signed in law on Dec. 22. The IRS has recommended we use the existing 2017 withholding tables for our 2018 payrolls until the new guidelines are published. The LLCC Finance Department will distribute this information once it becomes available.