- What Does the Future Hold for Taxes?
- One topic that is frequently being discussed is what the future holds for individual taxation under President Trump. Numerous blog entries have been posted on the issue; many proclaim that the wealthy will be the beneficiaries of Trump's tax policies, and some declare that lower-income taxpayers will see tax increases.
- Important Tax Changes for Small Businesses
- Tax legislation passed late in December 2015 (the Protecting Americans from Tax Hikes Act) extended a number of favorable business provisions and made some others permanent. The provisions can have a significant impact on a business's taxes for 2016. Here is a rundown of those changes that need to be considered when preparing your 2016 and 2017 returns.
- Teacher Expenses and Your Tax Return
- Teachers! Get the most out of your tax deductions this tax season.
- Standard Mileage Rates for 2017 Announced
- As it does every year, the Internal Revenue Service recently announced the inflation- adjusted 2017 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.
- 2017 Optional Standard Mileage Rates
- If you are a business traveler, you should know the standard mileage rate for 2017 dropped to 53.5 cents per mile.
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