Newsletter Archives

Standard Mileage Rates for 2013

Beginning on Jan. 1, 2013, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 56.5 cents per mile for business miles driven. 24 cents per mile driven for ...

FAQ: Sale of Property

Question: What is the basis of property received as a gift? Answer: To figure the basis of property you receive as a gift, you must know 3 amounts: The adjusted basis to the donor just before it was given to you. The fair ...

Upcoming Tax Deadlines

January Thu 3 Deposit payroll tax for payments on Dec 26-28 if the semiweekly deposit rule applies. Fri 4 Deposit payroll tax for payments on Dec 29 - Jan 1 if the semiweekly deposit rule applies. Wed 9 Deposit payroll tax for payments on ...