Fuller Tax Blog Blog

Which Filing Status Should I Choose: Married Filing Jointly or Married Filing Separate? 0

Which Filing Status Should I Choose: Married Filing Jointly or Married Filing Separate?

Whether to file a tax return with the IRS (or complete a W-4) using the status of married filing jointly or married filing separately should be analyzed on a case by case basis, although the vast majority of married taxpayers will pay less tax by filing as married filing jointly rather than separate. Should I File a Separate Return from...

Tax News: 2014 Standard Mileage Rates Announced 0

Tax News: 2014 Standard Mileage Rates Announced

On December 6th, 2013, the IRS announced[1] the new standard mileage rates that will take effect in 2014. The standard mileage rates announced are as follows:[2] Business Standard Rate 56 cents / mile Charitable Organization Standard Rate 14 cents / mile Medical Care Standard Rate[3] 23.5 cents / mile Qualified Moving Expenses Standard Rate[4] 23.5 cents /mile The standard mileage...