Deductible Per-Mile Auto Rates Decrease
January 18, 2016
The new 2016 rates have dropped from 57.5 to 54 cents per mile for business purposes and from 23 to 19 cents per mile for miles driven for medical or moving purposes.
January 18, 2016
The new 2016 rates have dropped from 57.5 to 54 cents per mile for business purposes and from 23 to 19 cents per mile for miles driven for medical or moving purposes.
January 15, 2016
Lawmakers are cooling to budget debates evidenced with the passage of the PATH Act, the looming budget deficit continues to grow.
January 14, 2016
The IRS has issued a statement admitting it made a mistake regarding a letter about taxpayer identify theft prevention having to do with their PIN.
December 18, 2015
Congress has finally sufficiently collaborated to propose the “Tax Extenders” legislation in which a large number of expired tax provisions will be extended, some permanently.
December 15, 2015
The 2016 standard auto mileage deductible amounts will be less per mile than in 2015.
May 7, 2015
If you miss the new FBAR June 30th filing deadline it can cost you thousands of dollars. 4 out of 10 Americans have a foreign asset in a bank account, brokerage account, mutual fund, trust or other type of financial account or have ownership interests in or signature authority…
Here is a summary of information about how penalties and interest may pile up for filing taxes late and for not paying all you owe on time.
April 16, 2015
If you were not able to file a tax return or an extension by the April 15th deadline, but should have, you need to take action now to avoid compiling penalties and interest. Here are some tips for taxpayers who missed the tax filing deadline:
April 15, 2015
There are a number of ways to pay taxes you may owe. The important thing is to file on time and pay as much as you can of what is due as soon as you can.
April 13, 2015
Financial transaction taxes could reach across international money markets into the pockets of common American taxpayers who are are finding it more difficult and costly to manage their retirement IRAs.