The IRS has announced a decrease in the business standard mileage rate from 54 cents per mile to 53.5 cents per mile beginning January 1, 2017. Other standard mileage rates also change. Business standard mileage rate decreases for … [Read more...]
Tax Tips #1 – Donate Appreciated Stock to Charity
There’s a chill in the air (depending on your latitude) and the leaves are turning color. Naturally, your thoughts turn to next April’s taxes. No? Unfortunately, yes, it’s time to start thinking about your 2014 tax bill. Some strategies can be … [Read more...]
Pennsylvania’s Educational Improvement Tax Credit
Would you like to contribute to charity but money’s a little tight? Or maybe money’s not an issue, but you can’t pass up a good deal. Either way, the Pennsylvania Educational Improvement Tax Credit (EITC) and Opportunity Scholarship Tax Credit (OSTC) … [Read more...]