IRS Announces 2008 Standard Mileage Rates
The IRS mileage rate is going up 2¢, to 50½¢ for 2008. Parking fees and tolls are deductible also, but fuel and repair costs are notas these items are reflected in the standard mileage rate.
Want to Get FREE Tax Tips?
The IRS will send you free tax tips. All you need to do is list your email address with them on the IRS website. Since these tips come straight from the IRS, you know there will be nothing even remotely questionable about them. And you can truly “unsubscribe” — they will take you off the…
Do You Hate Your Cell Phone Contract & Want Out?
The high cost of getting out of the contract for your cell phone can be a headache. The best way to wiggle out of your contract is, possibly, to trade it online. Try CelltradeUSA.com or CellSwapper.com .
Beware e-mails from IRS offering you a refund
They are fakes. This latest cyber scam involves e-mails that appear to be from IRS announcing a refund and asking for the recipient’s Social Security number and credit card data to get the money. But the IRS never e-mails filers about refunds. If you receive one of these phony notices, don’t bite. Forward it to…
Need demographic information?
Here’s a nifty site. It will reveal all kinds of great, useful demographic information with only the input of a 5 digit zip code. Want to know how many folks have a high school diploma? How about the rate of unemployment? Here it is. Whatever has been reported for a zip code seems to be…
Need an Employer Identification Number fast?
Check out this new service from the Internal Revenue Service. And it is all online!
IRS Rules for Employment Tax Items
Here’s a link to IRS rules concerning employment tax issues and items. The IRS site is actually a treasure trove of useful information all broken down into fairly small blocks. Check it out.
How long to keep old financial records
As the summer and the year begin to wind down, all business owners need to think about tax time and, therefore, about record keeping. How long should you keep those old bank statements, etc? The IRS has the answer at http://www.irs.gov/businesses/small/article/0,,id=98513,00.html
