News Articles

22

December

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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

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22

December

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Energy-Related Tax Extenders from the Tax Increase Prevention Act of 2014

Energy-Related Tax Extenders from the Tax Increase Prevention Act of 2014 In the recently enacted “Tax Increase Prevention Act of 2014,” Congress has once again extended a package of expired or expiring individual, business, and energy provisions known as “extenders.” The extenders are a varied assortment of more than 50 individual and business tax deductions, … Continued

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22

December

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Business Tax Extenders from the Tax Increase Prevention Act of 2014

Business Tax Extenders from the Tax Increase Prevention Act of 2014 In the recently enacted “Tax Increase Prevention Act of 2014,” Congress has once again extended a package of expired or expiring individual, business, and energy provisions known as “extenders.” The extenders are a varied assortment of more than 50 individual and business tax deductions, … Continued

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22

December

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Individual Tax Extenders from the Tax Increase Prevention Act of 2014

Individual Tax Extenders from the Tax Increase Prevention Act of 2014 In the recently enacted “Tax Increase Prevention Act of 2014,” Congress has once again extended a package of expired or expiring individual, business, and energy provisions known as “extenders.” The extenders are a varied assortment of more than 50 individual and business tax deductions, … Continued

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10

December

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How much time is left to make donations for a 2014 charitable donation deduction?

How much time is left to make donations for a 2014 charitable donation deduction? To take a 2014 charitable donation deduction, the gift must be made by Dec. 31, 2014. According to the IRS, a donation generally is “made” at the time of its “unconditional delivery.” But what does this mean? Is it the date … Continued

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