IRS releases business standard mileage rate for 2012 The business standard mileage rate, which many employers use to
reimburse employees for business miles driven, is 55.5
cents-per-mile for 2012, the IRS has announced. This reflects
no change from ...
IRS reminds dual citizenship taxpayers to report foreign accounts The IRS recently reminded dual citizenship taxpayers and U.S.
citizens residing abroad to file U.S. income tax returns and, if
appropriate, Form TD F 90-22.1, Report of Foreign Bank and
Financial A...
IRS revises regulations for capitalization of tangible assets Just before year-end 2011, the IRS issued much-anticipated revised
regulations on the capitalization of tangible assets. The IRS
withdrew proposed regulations issued in 2008 and issued temporary
an...
IRS updates Form 940 for mid-year expiration of FUTA surtax The IRS has updated Form 940 to reflect the mid-year 2011
expiration of the 0.2 percent FUTA surtax. FUTA taxes for 2011 will
be calculated using two rates, the IRS explained.Mid-yea...
Russell T. Fisher MBA, CPA, CCPS, AIF is founder and owner of RT Fisher CPA PLLC in New York State and founder and director of RT Fisher U.S. Tax & College Planning Services Pte. Ltd. in the Republic of Singapore. See http://www.rt.finlsite.com for up-to-date tax video and e-Seminars.
U.S. Tax Authorized IRS e-file Provider, U.S. individual income tax return compliance, college planning, savings for college and retirement.
Welcome and thank you for visiting our Website. In addition to providing you with a profile of our firm and the services we provide, this Website has been designed to become a helpful resource tool to you, our valued clients and visitors. Our dedication to superior client service has brought us to the Internet as we endeavor to continue to provide the highest quality professional service and guidance.
As you browse through our Website, you will see that we have highlighted background information on our firm and the services we provide.
We have also included useful resources such as informative articles (in our Newsletter section) and interactive financial calculators (in our Financial Tools section).
In addition, we have taken the time to gather many links to external Websites that we think would be of interest to our clients and visitors (in our Internet Links section).
Students please tap on our "Internet Links" button on the left to purchase ePrep.com PSAT/SAT/ACT at 30% discount and other great savings on MCP Career Dimensions and ApplyWise college planning products.
Please feel free to contact us with any questions or comments you may have - we'd love to hear from you. We pride ourselves on being proactive and responsive to our clients' inquiries and suggestions.
