politics
What was the IRS mileage rate for 2017?
53.5 cents per mile Beginning on Jan. 1, 2017, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 53.5 cents pe...
Jan 15, 2026 0 Views
Topics: Politics
politics
What is the purpose of reviewing information soon and often?
We remember things best immediately after we’ve read, heard or watched them. But, as time passes, our memories begin to fade. That’s why reviewing informa...
Jan 15, 2026 0 Views
politics
Is a medical practice a corporation?
Historically, practicing physicians have done business as a sole proprietorship or as a small group of physicians organized as a partnership. In 1969, the...
Jan 15, 2026 0 Views
politics
What happens to my 403b when I get a new job?
Provided your new job offers an employer-sponsored retirement account, you can just roll over your old 403(b) into a new retirement account if the new emp...
Jan 15, 2026 0 Views
politics
How does a partner leave an S Corp?
In order to withdraw your ownership stake in an S corporation, you must find a willing buyer for your corporate shares. The sale must meet the conditions ...
Jan 15, 2026 0 Views
politics
Can an LLC taxed as a partnership own an S Corp?
A corporation electing under IRC section 1362 to be taxed as an S corporation is subject to various ownership restrictions, including the requirement that...
Jan 15, 2026 0 Views
politics
How do I know if my employer is taking out enough federal taxes?
The best way to make sure that enough taxes are being withheld from your pay check is to used the IRS W-4 calculator or spreadsheet to determine your fede...
Jan 15, 2026 0 Views
politics
Can my brother gift money to my wife?
Deduction for Gift Gifts received from relatives is not taxable and there is no limit on the amount of money that can be received as gift from relative th...
Jan 15, 2026 0 Views
politics
How far back can you go for business expenses?
For example, if you are investigating the purchase of a business, you need to know how far back you can deduct these costs. Typically, you can go back one...
Jan 15, 2026 0 Views
politics
Do religious organizations have to file Form 990?
Generally, tax-exempt organizations must file an annual information return (Form 990 PDF or Form 990-EZ PDF). Churches, some church-affiliated organizatio...
Jan 15, 2026 0 Views