(Note: We have our winners! Thanks for playing!) New mileage rates go into effect this week for business, moving and medical travel expenses. To help keep
Read MoreMidyear Mileage Rate Changes Offer Relief, Likely To Cause Confusion
After months of speculation and roller coaster oil prices, the IRS finally announced an increase in the optional standard mileage rates. The IRS generally only updates
Read MoreTaxation Without Representation: Setting The Stage For Independence
Today, kids will decorate wagons with streamers and drag them down small town streets while big marching bands play John Philip Sousa tunes. There will
Read MoreDeduct This: History Of The Casualty, Disaster & Theft Deduction
As I sat on my parents’ deck last week, I could see huge plumes of smoke in the distance. The fire in Pender County, NC,
Read MoreMaryland Alcohol Sales Tax Increase Meant To Save The State From Hoodlums (Er, Not Really)
Last night, I went out to eat with friends and family. We had a mix of drinks, dinners and desserts and split the final bill.
Read MoreMichele Bachmann On Board With Tax Holiday
Republican presidential candidate Michele Bachmann one-upped the competition when instead of sticking with the routine “no new taxes” mantra being recited, she suggested “no taxes.”
Read MoreTen Tips For Claiming Summer Camp Expenses On Your Taxes
If your household is anything like mine, you’re in full summer camp mode right now… With school out, summer becomes a whirlwind of vacations and
Read MoreCalifornians Find Change In Their Legislative Sofas
There’s temporary and then there’s temporary. Most legislators, it seems, tend to approach temporary tax raises as if slapping the label on it somehow makes
Read MoreDeduct This: History Of The IRA Deduction
Remember Studebaker? Studebaker was a manufacturing company that started in 1852 in South Bend, Indiana, making wagons for farmers, miners, and the military. Ten years
Read MoreDeduct This: History Of The Tax Attorney’s Fees Deduction
Wait? You mean that you didn’t know that there was such a thing as the tax attorney’s fees deduction? Well, perhaps that’s because it’s not
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