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Tax Related Laws
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- Deducting Miles Driven on Behalf of a Charity
A taxpayer may usually deduct 14 cents per mile for all miles driven on behalf of a charity (Section 170(i)). The primary purpose of the travel must b.... read more » - Cost Segregation Isn't My CPA Already Doing This?
Most commercial property owners, even those who use professional accountants, fail to take advantage of cost segregation, a tax mechanism that could g.... read more » - Class-action Lawsuit Filed Over Bush Tax Refund Program
According to lawyers, millions of small businesses and low-income taxpayers will be excluded from a Bush administration tax refund program.A class-act.... read more » - Michigan Lawmakers Abolish State Business Tax
Michigan state legislature has voted to approve the abolition of the state business tax starting in 2008. The move is a bid to boost investment and jo.... read more »