The IRS recently announced the new mileage rates for 2014: 56 cents per mile for business miles driven 23.5 cents per mile driven for medical or moving purposes 14 cents per mile driven in […]
From the evan nielsen Tag
Tax credits and deductions have become an important part of the tax code and a significant benefit to many tax payers. Some credits, like the investment credit for business in American Samoa, are rarely […]
If you’re a small business, the IRS has decided you may be hiding income. According to the IRS tax gap study released in 2012, the U.S. Treasury loses $376 billion each year due to […]
Every year the IRS updates its computer systems in preparation for the next tax year’s returns. Rules change, processing and technology updates are implemented and new tax laws are reduced to policy and imbedded […]