Here is some helpful news and information. To find out more please download the corresponding PDF Document on the right.
The Internal Revenue Service today issued the 2010 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.
IRS announces expansion and extension of the homebuyer credit program. The revised program includes a provision enabling certain long-time home owners to receive a tax credit when purchasing a home within the IRS’s stated guidelines
Taxable earnings subject to Social Security withholding in 2010 unchanged
First-time home buyer credit set to expire soon
Effective 5/1/2009 the New York supplemental tax rate changes to 11.03%
First-time home buyer credit expanded
The IRS announced updated standard mileage rates. Effective 1/1/2009 the standard reimbursable rate for business mileage decreased to .55/mile and
the deductible rate for Qualified Moving Expenses decreased to .24/mile
2009 OASDI (Social Security) cap established. The annual cap for wages
subject to Social Security Tax increased to $106,800 for 2009
PDF Documents:
2010 Mileage Rates
IRS announces expansion and extension of the homebuyer credit program
Taxable earnings subject to Social Security withholding in 2010 unchanged
