By Shauna Krause, President, Capitol Services, Inc.
The New Year brings us new laws in California. A bevy of bills signed by the Governor are important to contractors this year. State legislation, taking effect January first is as common as the ball dropping in Times Square -- and 2014 is no exception.
By Shauna Krause, President, Capitol Services, Inc.
As we wrap up this year and look ahead to the next, we take a moment to reflect on some of our past ‘Q&A’. While some things change many never do…
From October 2001
Q: I am listed as an Officer on a corporation. I do not like the way things are going and want to get off this license as soon as possible. What do you suggest?
From the Seiberlich Accountancy Corporation
from Abdulaziz, Grossbart & Rudman
The IRS on Dec. 6 issued the 2014 optional standard mileage rates used to calculate the deductible costs of driving for business, charitable, medical or moving purposes.
Beginning on Jan. 1, 2014, the standard mileage rate for using a car for business will be 56 cents per mile. The rate for driving for medical or moving purposes will be 23.5 cents per mile, and the rate for charitable services will be 14 cents per mile. The business, medical and moving expense rates have decreased one-half cent from 2013 rates.