WASHINGTON — On December 9, 2011 the IRS (Internal Revenue Service) issued the guidelines for 2012 including the optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. These guidelines will begin on January 1, 2012. This means that the old guidelines used in…

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I noticed investors pay higher taxes than residents. Is there any loop holes to pay lower taxes for non-residents? Home assessment for property tax does not take investors into consideration. This year my property was valued for the next 2 years. I ran some numbers and appealed to have the assessed value lowered. Not much…

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Everyone can use some tax advice. Get tips for how social security and tax laws work in this free video clip about tax deductible items. Expert: Tom Choisnet Bio: Tom Choisnet has been in self-employed tax practice for over 40 years, and he has been an enrolled agent since 1968. He has prepared over 35000…

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So, supposedly, we should pay 10-15% of the "before Tax total" for tips. But, restaurant always use the "after tax total" to calculate it’s suggested tips. Are restaurants misleading ? Misrepresenting the fact? Can I sue/complaint restaurant doing about that. Calculate the tip on the amount before the tax and before any coupons or discounts.…

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