This week we are going to paraphrase an excellent article that appeared in the June 27, 2011 issue of Forbes (author: William Baldwin).

Effective July 1, 2011, the IRS has made two significant tax law changes. The first is an increase in the mileage rate. The second is a reduction in the Federal Unemployment rate (FUTA).

Determining the tax consequences that can arise during a divorce or marital separation can be vital for the financial protection and well being of you and your family. That’s why it’s important to understand applicable tax laws before making any major decisions.

The IRS recently issued a press release targeted for those located in areas prone to hurricanes. While those of us in the Dayton area don’t normally need to worry about hurricanes, the disaster planning advice is still something each of us should consider.

In our constantly mobile society, many of us change our address several times during our lifetime. While you may remember to file a change of address with the post office to forward your regular mail, you may not think about changing your mailing address with the IRS.

New SUVs, with a gross weight of over 6,000 pounds, placed in service in 2011 can now be a 100% write-off if used 100% for business.