SBS NOVA | What’s New
109
archive,paged,category,category-whats-new-tax-tips,category-109,paged-4,category-paged-4,ajax_fade,page_not_loaded,,qode-theme-ver-11.0,qode-theme-bridge,wpb-js-composer js-comp-ver-6.9.0,vc_responsive
 

What’s New

The IRS recently announced mileage rates to be used for travel in 2017. The Business mileage rate decreases by 0.5 cents while Medical and Moving mileage rates are lowered by 2 cents. Charitable mileage rates are unchanged. 2017 New Mileage Rates Standard Mileage Rates Mileage Rate/Mile Business Travel 53.5¢ Medical/Moving 17¢ Charitable Work 14¢ Here are...

There are new tax filing deadlines effective for 2016 tax returns. Here are the major changes worth noting. Small Business Partnership and Limited Liability Corps Small businesses that are organized as a partnership or limited liability companies filing Form 1065 must file their tax return on or...

In a recent key-note address to over 1,000 tax professionals in Chicago, John Koskinen, the Commissioner of the IRS, asked the audience to raise their hands if they had personally been contacted by someone pretending to be from the IRS. He re-iterated that he was...