Raleigh NC CPA
W. Marc Gilfillan, CPA, NC, individual and business CPA and Tax expert, shares about the history of taxes…
Between 1868 until 1913, almost 90% of the national government’s income was derived from taxes on whiskey and tobacco. During the Civil War there was a brief income tax, but it was not until 1913 that [...]
Raleigh NC Accountant
W. Marc Gilfillan, CPA, NC, individual and business CPA and Tax expert, shares about the history of taxes…
Ah…. now we have an event in history obviously about oppressive taxes. Was the Boston Tea Party a protest concerning the British taxation on tea, as we were all taught? No, not at all. The colonies [...]
The IRS mileage rate as of January 2009 can be used to determine how much you should be allowed to claim as a deductible expense for operating a car or vehicle for business use, for medical use or for moving purposes.
Efficiently it means that the IRS rate for business use is now calculated at [...]
IRS Mileage
Calculating the amount of IRS mileage deductions you would be able to claim for applying your car for several reasons may occasionally be quite bewildering.
IRS mileage rates can be then used to assist you calculate when you’re able to deduct the operating costs related with [...]
