Standard Deductible Mileage Rates 2013

Deductible Mileage Rates Deductible mileage rates change each year on January 1st. For 2013, the IRS announced the business mileage rate as 56.5 cents per mile and 24 cents per mile for medical miles. The business and medical rates are a one-cent per mile increase from 2012. The charitable miles … [Read more...]

BUSINESS TAX RETURNS

Business Tax Returns   It is fairly obvious that the tax return for a business is more complicated than the usual 1040. As we near the deadline for Business Tax Filing, it is good to know there are Business friendly laws to help business owners minimize their overall tax liability. C Corporation … [Read more...]