The 1099K…
Apr 19, 2012 Business Expenses, Tax Changes, Tax Strategies, Taxable Income
TweetYet another document pertaining to taxes and small business, what you need to know about the 1099K from Outright.com.

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Tax Tips online courtesy of Boston.com
Jul 30, 2011 Income Tax, Income Taxes, Tax Changes
TweetTax tips are now available online using your iPhone or Droid. Thanks to an article entitled “Using Social Media To Get Tax Information” on Boston.com, here is a list of online resources available from both the Internal Revenue Service website and social media portals that can be useful not just during tax season but throughout the calendar year. The article at Boston.com lists resources that are accessible from either your desktop computer or mobile phone. In fact, IRS2Go is a mobile app for both Apple and Android users. It provides personal tax refund information and other tax tips and tax-related information.
Tags: podcasts, Social Media, Twitter, YouTube
2011 Standard Mileage Rate Changes
Jul 3, 2011 Business Expenses, Tax Changes, Tax Strategies
TweetThe Internal Revenue Service (IRS) has increased the optional standard mileage rates for 2011. These optional rates can be used to calculate deductible costs of operating an automobile for either business or other uses instead of reporting actual travel-related costs. Charitable mileage rates remain at the current 14 cents a mile in 2011. The table below summarizes the increases for this year.
| IRS Standard Mileage Rates in 2011 | |||
|---|---|---|---|
| Jan 1 - June 30 | July 1 - Dec 31 | ||
| Business | 51 cents | 55.5 cents | |
| Medical/Moving | 19 cents | 23.5 cents | |
Tags: 2011 standard mileage rate, business mileage rate, charitable mileage rate, Medical/moving mileage rate

