Author's posts
Jun 28
IRS Increases Standard Mileage Rate to 55.5 Cents per Mile
The Internal Revenue Service announced an increase in the optional standard mileage rates for the final six months of 2011. Taxpayers may use the optional standard rates to calculate the deductible costs of operating an automobile for business and other purposes. The rate will increase to 55.5 cents a mile for all business miles driven …
Jun 09
Small Business Health Care Tax Credit
The Small Business Health Care Tax Credit is available to small employers that pay at least half of the premiums for single health insurance coverage for their employees. It is specifically targeted to help small businesses and tax-exempt organizations that primarily employ moderate- and lower-income workers. Small businesses can claim the credit for 2010 through …
Jun 09
Why Do You Need an Accountant:
The typical entrepreneur is looking to an accounting firm to provide basic services: Tax Returns Bookkeeping Management Consulting Tax returns are required by law and you could do them yourself, but with all the changes every year, wouldn’t you really like to be focusing on growing your business, not on tax law changes? Premiere Business …
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