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
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Bank Of America Officially Ditches Debit Card Fees
Ah, insanely crazy debit fees, we hardly knew ye… Earlier this year, Bank of America announced plans to charge debit card customers a $5 monthly
Read MoreBig Banks Switch Course On Debit Card Fees
I was wrong. There, I said it. I was absolutely convinced that Bank of America‘s plan to charge its own customers fees for using their
Read MoreNew Credit Card Reporting Requirement Worries Some Taxpayers
And you thought bank fees were bad… There’s a new form on the block, Form 1099-K, Merchant Card and Third Party Network Payments, making its
Read MoreBank Of America Debit Card Fees Slammed As "Durbin Tax"
I know I’m dating myself but I remember when people used to pay for purchases in cash and occasionally, with checks. Not so much anymore.
Read MoreA Loss By Any Other Name Isn’t The Same: All About Capital Losses (And Gains)
That horrible crash you heard today? It was the market. And it was not pretty. The Dow fell 630 points today, marking the worst day
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 MoreObama Proposes Tax Breaks for Business: Too Little, Too Late?
Where were you on December 1, 2007? It’s one of those dates that you’re likely not to remember. But according to the National Bureau of
Read MoreAsk The Taxgirl: Am I Blogging As A Business Or A Hobbyist?
Taxpayer asks: I read your post about Mary Kay and I am still confused about hobbies. I own a bunch of blogs. I make money
Read MoreAsk The Taxgirl: Forms W-9 & 1099 For Groups
Taxpayer asks: Hi Tax Girl, Thanks for taking questions. It’s a really nice thing to do. I have a trio that performs regularly and this
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