by Leif Jensen | Nov 26, 2012 | General |
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 medical or moving purposes 14 cents per mile driven in service of...
by Leif Jensen | Nov 26, 2012 | General |
As the year starts its journey towards the end, many are looking to invest or shelter some money from taxes. But when purchasing you need to be wary if you buy a mutual fund late in the year. If it pays a dividend in 2012 after your purchase, you owe tax on the...
by Leif Jensen | Nov 20, 2012 | General |
Planning on adding extra help for the holidays? It makes sense to keep your guard up. Most thefts and scams at companies are inside jobs. The busy holiday season along influx of seasonal workers make businesses of all sizes more vulnerable. The typical suggestions...
by Leif Jensen | Nov 19, 2012 | General |
Does your business have an employee manual? I am aware of more businesses that I should; that do not. But now we have an interesting twist. So, now employee handbooks are under scrutiny by the National Labor Relations Board. They recently ruled that certain...
by Leif Jensen | Nov 19, 2012 | General |
The IRS has been making audits of 401K plan loans and they seem to be working well, according to a key IRS executive. The Internal Revenue Service has audited 100 401(k) plans that had 10 or fewer participants and more than $100,000 of loans to participants...
by Leif Jensen | Nov 16, 2012 | General |
A tax preparer who was unhappy with the IRS trying to get a handle on all paid tax preparers and the PTIN fee filed a court case. The user fee is collected for obtaining or renewing a preparer tax ID number is valid. The preparer challenged the fee, alleging that IRS...
