Tag: Taxpayers
IRS Increases Mileage Rates Through Dec. 31, 2008
The Internal Revenue Service today announced an increase in the optional standard mileage rates for the final six months of 2008. Taxpayers may use the optional standard rates to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.
The rate will increase to 58.5 cents a mile for all business [...]
Posted: August 11th, 2008 under Income Taxes, Money, Tax Breaks, US Economy.
Tags: Business Mileage, Business Miles, Calendar Year, Charitable Organizations, Depreciation, Gasoline Price, Internal Revenue Service, Irs Commissioner, Irs Mileage, Mileage, Mileage Figure, Moving Expenses, Reimbursement Rate, Rev Proc, Rising Gas Prices, Shulman, Standard Mileage Rate, Standard Mileage Rates, Taxpayers, Variable Costs
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IRS Liens
The IRS and State taxing agencies have the power to collect back taxes by levying on taxpayers’ property as a result of a Tax Liens. When a person owes back taxes, the IRS and state agencies gain a tax lien on all that person’s assets after meeting certain statutory requirements. The tax lien attaches to [...]
Posted: June 2nd, 2007 under Money, Real Estate, Tax Liens.
Tags: Assets, Back Taxes, County Recorders, Federal Tax Lien, Interest Penalties, Irs Liens, Money, Real Estate, State Tax Agency, Statutory Requirements, Tax Liens, Taxes Irs, Taxpayers
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Subcommittee Considers Tax Relief For Seniors Without Burdening Others
FARMINGTON - The subcommittee looking at property tax relief for seniors is hoping to stage a public information session to allow residents to have input on the plan.
Council members Charlie Keniston and Michael Demicco have been looking at proposals that would provide a little more tax relief to help seniors stay in their homes longer.
But [...]
Posted: May 29th, 2007 under Money, Property Tax Relief, State Tax Relief, Tax Help.
Tags: Additional Tax Credit, Council Members, Current, Keniston, Money, Property Tax Relief, Proposals, Public Information Session, S Council, Seniors, State Tax Relief, Subcommittee, Tax Credits, Tax Help, Tax Relief Program, Tax Relief Programs, Tax Revenues, Taxpayers, Those With Incomes, Town Officials
Comments: 1