Tax Changes For 2013


Jan
16

Did you know that while many tax rules are permanent, others are written to expire at some point in the future? These expiring items are often granted a temporary extension, but a significant number of popular “extenders” terminated at the end of... Read More

Posted on Los Angeles Accountant Blog on January 16th, 2014


Jan
24

Businesses Standard Mileage Rates The rate for business miles driven is 56.5 cents per mile for 2013, up from 55.5 cents per mile in 2012. Section 179 Expensing For 2013 the maximum Section 179 expense deduction for equipment purchases increases to $... Read More

Posted on Los Angeles Accountant Blog on January 24th, 2013


Jan
22

Individuals - Tax Credits Adoption Credit In 2013, a non-refundable (only those individuals with tax liability will benefit) credit of up to $10,000 is available for qualified adoption expenses for each eligible child. Earned Income Tax Credit For ta... Read More

Posted on Los Angeles Accountant Blog on January 22nd, 2013


Jan
22

Welcome 2013! As the new year rolls around, it's always a sure bet that there will be changes to the current tax law and 2013 is no different. From health savings accounts to retirement contributions here's a checklist of tax changes to help you plan... Read More

Posted on Los Angeles Accountant Blog on January 22nd, 2013