Standard Mileage Rates for Business, Medical & Moving Decrease 0.5¢ Per Mile 2014

Dear Business Client, The IRS just released the new mileage rates for business use, medical and charity use. The business use rate will decrease from 56.5 cents per mile to 56 cents per mile effective January 1, 2014.  Below is an article related to the 2014 mileage rate changes and how it may affect your business. …

Tax Increases Under the President’s FY 2014 Budget Proposal — Who Would Pay More?

A new study by the nonpartisan Tax Policy Center (TPC) has found that many households would pay higher taxes under the President’s budget proposal, but that the lion’s share of the increased tax burden would fall on the wealthiest Americans—in particular, on the top 1% of earners. This article examines the specific proposals that would…