by Harry Shurek | Feb 1, 2021 | Uncategorized
Beginning on January 1, 2021, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 56 cents per mile driven for business use, down 1.5 cents from the rate for 2020, 16 cents per mile driven for medical, or moving purposes for...
by Harry Shurek | Dec 27, 2017 | Uncategorized
2017 Year End Tax Savings Strategies Happy Holidays! As we are now in the last week of 2017, I thought it best to point out a few tax-saving strategies that can still be implemented before the 2017 tax year ends. I know that with all of the excitement of the holidays...
by Harry Shurek | Dec 26, 2016 | Uncategorized
The Internal Revenue Service today issued the 2019 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. 1, 2019, the standard mileage rates for the use...
by Harry Shurek | Dec 23, 2016 | Uncategorized
The Internal Revenue Service today issued the 2017 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. 1, 2017, the standard mileage rates for the use...
by Harry Shurek | May 5, 2013 | Uncategorized
Self-employed business owners have one of the biggest targets on their backs from the IRS. They are constantly under scrutiny for the deductions that are taken since there are many that attempt to take advantage of the system. It is for this reason that it...