Fiscal Cliff Deal: Tax Provisions in the American Taxpayer Relief Act
After an intense weekend of negotiations between Congress and the Obama administration, the American Taxpayer Relief Act (the Act) was approved by Congress on January 1. We have outlined below…
IRS Changes Standard Mileage Rates For 2013
The Internal Revenue Service recently announced changes to the standard mileage rates for taxpayers to use in computing the 2013 deductible costs of operating an automobile for business, charitable, medical…