What’s New for 2013

What’s New for 2013

Mileage rates have increased Standard Deductions have increased Single Filers – $6,100 Married Filers – $12,200 Earned Income Credit has increased Personal Exemptions increase to $3,900 Last year Bonus Depreciation up to 50% Selected 2013 inflation...
American Taxpayer Relief Act of 2012

American Taxpayer Relief Act of 2012

Earlier this year, Congress passed H.R. 8 or the American Taxpayer Relief Act of 2012.  A full copy of the bill may be found here: http://www.gpo.gov/fdsys/pkg/BILLS-112hr8enr/pdf/BILLS-112hr8enr.pdf To discuss how this affects your 2012 and 2013 filings, please...