Tax News



Mileage Rate for 2013

The IRS raised the mileage rate for business to 56.5 cents per mile.  The increase is effective January 1, 2013.

The auto mileage rate for charity is 14 cents per mile and the rate for medical is 24 cents per mile.  These rate are effective January 1, 2013.


 

IRS says it won't accept some tax returns until January 30.

The IRS has announced that it needs to reprogram it's computers to comply with the new law law passed on January 1, 2013. 


Maryland Sates Tax Rate

The sales tax rate in the state of Maryland has increase to 6% starting in 2008.