News Articles

09

February

Blog Image

Mileage Deduction: Are you deducting all of the mileage you’re entitled to?

Mileage Deduction: Are you deducting all of the mileage you’re entitled to? You probably know that miles driven for business purposes can be deductible. But did you know that you might also be able to deduct miles driven for other purposes? The rates vary depending on the purpose and the year: Business: 56 cents (2014), … Continued

Read More

04

February

Blog Image

Alexander Thompson Arnold CPAs Announces Team Achievements

Alexander Thompson Arnold CPAs Announces Team Achievements February 4, 2015 Alexander Thompson Arnold CPAs is proud to announce its team members who have earned promotions and have passed the Uniform CPA Examination. “ATA’s mission is to help our clients succeed. Our team members continually excel in the accounting industry and provide the highest quality accounting … Continued

Read More

27

January

Blog Image

Why you shouldn’t procrastinate on filing your 2014 income tax return

Why you shouldn’t procrastinate on filing your 2014 income tax return If you’re like many Americans, you may not start thinking about filing your tax return until the April 15 deadline is just a few weeks — or perhaps even just a few days — away. But there’s another date you should keep in mind: … Continued

Read More

19

January

Blog Image

Tax extenders: 3 credits for businesses on their 2014 returns

Tax extenders: 3 credits for businesses on their 2014 returns The Tax Increase Prevention Act of 2014 (TIPA) extended through Dec. 31, 2014, a wide variety of tax breaks, including many tax credits — which are particularly valuable because they reduce taxes dollar-for-dollar. Here are three credits that businesses may benefit from when they file … Continued

Read More

22

December

Blog Image

2015 IRS Mileage Rates Announced

2015 IRS Mileage Rates Announced On December 10, 2014, the IRS announced the standard mileage rates for 2015. Taxpayers can use the optional standard mileage rates to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on January 1, 2015 the standard mileage rates are:  For business … Continued

Read More