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Kate Woods
BellaOnline's Taxes Editor

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Deductions

Economic Stimulus Act of 2008 Business Provisions star
With all the hype over the Economic Stimulus Rebates for individuals the business provisions have been somewhat over-shadowed. There are two provisions that are beneficial to businesses...

IRS Increases Standard Mileage Rate - July-Dec 08 star
I just received an email hot off the IRS Newswire related to a topic that we hear about every day now in the news, and on Everywhere Street, in Everywhere, USA – soaring gas prices. The IRS is increasing the standard mileage rate for business, medical and moving miles for July through Dec of 2008.

Tax Facts - Charitable Contribution Deduction New Requirements for 2007 Returns star
Once upon a time in the Land of the Misinformed, there was a myth that all charitable contributions of cash were deductible even if you did not have a receipt of any type to prove the contribution was made. Of course, it is a well known fact that a myth is a falsehood.

Tax Facts - Deductible Holiday Gifts For Clients And Employees star
Tis the Season – it’s time for being generous to your employees and clients and customers, to show your appreciation and to share in the spirit of the holiday season. Are those gifts deductible business expenses?

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Foreclosures and Mortgage Workouts and Taxes

Economic Stimulus Act of 2008 Business Provisions

Extended Due Date Change On Some Business Returns

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