Due at Signing. The term, due at signing or cash due at signing, refers to the total amount of cash that is due at the time a car lease contract is signed. âlease acquisitionâ fee is also sometimes included. The acquisition fee is always included in a car lease but is not always paid in cash at the time of lease signing. Cash due at signing, in car leasing, is often confused with a down payment.
If you qualify as a transportation industry worker, you can use the DOT per diem rate of $63 ($68 outside the continental United States) from January 1, 2016 through December 31, 2016. The rates were updated to $63 ($68 outside the continental United States) starting October 1, 2015..
Mileage Rate. The IRS issues a standard mileage rate to calculate the cost of gas, maintenance and depreciation of a car used for business purposes (like running errands for families or transporting kids). The rate for 2015 is 57.5 cents per mile. Using this average mileage rate is helpful because it covers all of the expenses that your nanny could incur from using her car. (If you live in an area where gas is particularly high, you may want to increase the rate slightly.)