IRS Issues Standard Mileage Rates for 2019

This week, the IRS issued the 2019 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. 1, 2019, the standard mileage rates for the use…

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Posted: 12/15/2018

Deadline is Dec. 31 for most retirees who must make required retirement plan distributions

Retirees born before July 1, 1948, usually must take distributions from their individual retirement arrangements (IRAs) and workplace retirement plans by Dec. 31. The payments, called required minimum distributions (RMDs), are normally made by the end of the year. Those…

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Posted: 12/11/2018

New Tax Benefit for Stock Options and Restricted Stock Units

The Internal Revenue Service today issued Notice 2018-97 offering guidance on a recent tax law change that allows qualified employees of privately-held corporations to defer paying income tax, for up to five years, on the value of qualified stock options…

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Posted: 12/10/2018

New thought on Passwords and Security

We are urging people to review new, stronger standards to protect the passwords of their online accounts. Every individual who maintains any type of online accounts should use strong passwords to protect against savvy cybercriminals taking over their identities and…

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Posted: 12/04/2018