Standard Mileage Rates for 2013 The IRS issued the following standard mileage rates for 2013: 56.5 cents per mile for business miles driven 24 cents per mile driven for medical or moving purposes 14 cents per mile driven in service of charitable organizations For more information – click here. Geenen & Kolean, PC
Archives for November 2012
2012 / 2013 Tax Changes
2012 / 2013 TAX PLANNING Dramatic tax increases scheduled to go into effect in 2013 make 2012 tax planning imperative. The following taxes may be impacted: Not only are the Bush Administration tax cuts set to expire, but a new 3.8 percent surtax on investment income and a possible reinstated claw-back of itemized deductions could […]