IRS Announces 2015 Standard Mileage Rates

The Internal Revenue Service (IRS) has issued the 2015 optional standard mileage rates. Beginning on Jan. 1, 2015, the standard mileage rates for the use of a car, van, pickup or panel truck will be 57.5 cents per mile for business miles driven, up from 56 cents in...

Healthcare Enrollment – Act Soon

As a result of ObamaCare or the Affordable Care Act, all Americans with an income above a certain threshold will have to purchase health insurance. The provision referred to as the individual mandate is what will legally require most US citizens and legal residents to...

CORPORATION TAX RETURNS DUE MARCH 17th 2014

Corporation and S-corporation federal income tax returns, for corporations with a December 31 tax year-end, are due March 17, 2014 (March 15, 2014, the usual date, is a Saturday). If you miss the filing deadline or do not file Form 7004 for an extension of time to...