New: IRA Rollover Limitation

If you own an IRA and are considering any type of rollover, you want to be aware of the new IRS ‘One per 12 Month IRA rollover rule’. As you may know, the tax code allows an individual to take a distribution from his or her IRA account and avoid the tax and early...

IRS 2015 Standard Mileage Rates

If you plan to use the standard mileage rates for calculating the deductible costs of operating an automobile for your business, you’ll want to make note of the 2015 rates recently issued by the IRS. As of January 1, 2015 the standard mileage rate for use of an...

IRS Notice? Don’t Panic!

I’ve written a few times about the scams and scammers posing as the IRS and trying to trick taxpayers with their aggressive and threatening calls and emails. This time, I want to give you some tips for responding to the real deal – if you should happen to receive a...