Posts tagged as:

expense

IRS Announces 2012 Mileage Rates

9 December 2011

The IRS has issued the 2012 optional standard mileage rates used for deducting the costs of operating an automobile for business, charitable, medical or moving purposes. They are: 55.5 cents per mile for business miles driven 23 cents per mile driven for medical or moving purposes 14 cents per mile driven in service of charitable [...]

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Back to School: Deductions for Soccer, Cheerleading and Extracurricular Activities?

15 September 2011

I need a full time assistant just to manage the kids these days (don’t worry, Mom, I don’t actually have one). School started last week which means that this week, extracurricular activities have started in earnest. In addition to escorting my kids back and forth to dance, gymnastics and soccer, respectively, I have to spend [...]

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Twitter Tax Tips #19

7 April 2009

Remember that small biz can expense some business costs in 08 rather than depreciate. Immediate savings! #TwitterTaxTip (For more on twitter tax tips, see my prior explanatory post.)

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