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IRS sets mileage rates for 2012. The business rate remains 55.5 cents/mile, the medical/moving rate drops to 23 cents/mile, and the charitable rate remains at 14 cents/mile.

For 07/01/2011 through 12/31/2011 the mileage rates are 55.5 cents/mile for business, 23.5 cents/mile for medical/moving, and 14 cents/mile for charitable purposes.

For 01/01/2011 through 06/30/2011 the mileage rates are 51 cents/mile for business, 19 cents/mile for medical/moving, and 14 cents/mile for charitable purposes.
SKOWRONSKI & SKOWRONSKI, P.C.

The U.S. Department of Labor and the American Institute of Certified Public Accountants have jointly designed a website that allows businesses of all sizes to design a retirement plan.

This website contains a wealth of information including:

  • advantages to establishing a retirement plan
  • an interactive form for determining the correct type of plan
  • information on how to plan for a secure retirement
  • links to other information resources

You can use this link to access the website.

Individuals may find this pamphlet useful. It has tips on how to get your finances ‘in shape’.