Year-round tax planning includes reviewing eligibility for credits and deductions

By |2019-07-29T10:10:56-04:00July 29th, 2019|Affordable Care / ObamaCare, Earned Income Tax Credit, Energy Efficeincy, Individual Income Tax, Students and Education, Tax Cuts & Jobs Act, Vehicle Tax Credits|

Tax credits and deductions can mean more money in a taxpayer’s pocket. Most people only think about this when they file their tax return. However, thinking about it now can help make filing easier next year. This tip is one in a series about tax planning. These tips focus on [...]

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2014 Standard Mileage Rates for Business, Medical and Moving Announced

By |2013-12-06T16:09:19-04:00December 6th, 2013|Employees, Individual Income Tax, Vehicle Tax Credits|

Source: IRS.gov WASHINGTON — The Internal Revenue Service today issued the 2014 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. 1, 2014, the standard mileage rates for the use of a car (also vans, [...]