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2012 IRS Mileage Rates

The IRS has set the standard mileage rates for using a car, van, pickup or panel truck, starting on January 1, will be 55.5 cents per mile for business miles driven, 23 cents per mile driven for medical or moving purposes, or 14 cents per mile driven in service of...

Corporate Books and Records

I just wanted to make sure that everyone has and are maintaining their corporate books and records.  I was just working with a couple of clients this weekend.  They had their corporate record books and needed some assistance with setting up their records. I encourage...

2011 Flexible Spending Accounts

Remember to check your flexible spending account balance. You must clean it out by Dec. 31 if your employer still has not adopted the 2½-month grace period now permitted by Uncle. Otherwise, any money remaining in your account is forfeited.  And when you are deciding...

The “Fire” Contines

Just a quick update.  When I received my Kindle Fire the only things in the box were the unit and a charger.  But, after some research I found that if I ordered a USB cable, I could directly transfer files to the Fire. So I uploaded some MP3’s and some PDF’s and Word...

The Checklist

Earlier last week we had a meeting scheduled with a potential new client.  Unfortunately this meeting as well as the prior one was cancelled by the client.  This time they stated that, they may not be happy with their current CPA, but they believe it is too difficult...

Surprise! Student loan default rates are soaring.

This is not quite the beginning of another 2008-like financial crisis ensuing. Student loan volume is a mere sliver of what mortgage lending is. Alas, there are potential critical long-term implications.  By 2014, 15% of 2012 grads are estimated to will walk away from...

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