Saturday, December 25, 2010

IRS rate for business mileage

The rate changes from 50 cents a mile to 51 cents a mile on January 1, 2011.

Friday, December 24, 2010

New Tax Law- Effective January 1st


A new report was released by Deloitte, summarizing the new tax law that was just passed by Congress last week.

Read the interesting 24 page summary titled Staying in Place, Congress extends the Bush Tax Cuts. Published 12-17-2010.

Stay tuned for my review once I read the document more in depth.