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Reviewing 2014 Tax Changes

With the start of a new year, it’s always a sure bet that there will be changes to the tax law, and 2014 is no exception. From health savings accounts to retirement contributions and standard deductions, here is a checklist of tax changes to help you plan the year ahead. Filing Season Delayed by 10

Tax Changes for 2013

Whether you file as a corporation or sole proprietor here’s what business owners need to know about tax changes in 2013. Standard Mileage Rates The standard mileage rate in 2013 is 56.5 cents per business mile driven, 24 cents per mile driven for medical or moving purposes, and 14 cents per mile driven in service

Tax Provisions of the Affordable Care Act

The Patient Protection and Affordable Care Act of 2010, in concert with the enactment of the Health Care and Education Tax Credits Reconciliation Act of 2010, resulted in a number of changes to the US tax code. As such there are a number of tax implications for individualsand businesses. With healthcare exchanges set to open

Union Contract Deadline Looms, What Will the Two Sides Do?

With contracts for two tiremakers and another tire plant set to expire before noon on Saturday, July 27, the limited amount of information available indicates the USW and Goodyear, Bridgestone Americas and Michelin North America remain far from signing a new multi-year pact. At the same time, the silence of the tiremakers and standard rhetoric

2012 Tax Changes for Businesses

Whether you file as a corporation or sole proprietor, here’s what business owners need to know about tax changes for the 2012 tax year. Standard Mileage Rates: The standard mileage rate in 2012 is 55.5 cents per business mile driven, 23 cents per mile driven for medical or moving purposes, and 14 cents per mile

TIA President’s Agenda

Incoming TIA President Randy Groh Outlines Plans

Avoid These Cautionary Tire Mounting Tales

I claim expertise in many areas, including high-performance driving, tire safety, vehicle dynamics, diaper changing, and calling in wild turkeys. "Mounting tires on wheels" is not on that list.

Employee or Independent Contractor: Which Is It?

If you hire someone for a long-term, full-time project or a series of projects that are likely to last for an extended period, you must pay special attention to the difference between independent contractors and employees. The IRS and state regulators scrutinize the distinction between employees and independent contractors because many business owners try to

10 Changes for 2011 That Benefit Most Taxpayers

From Roth conversions to changes in reporting capital gains and losses, there were a number of tax changes in 2011. Whether you already know about them or simply need a reminder, here’s a look at 10 changes in 2011 that might benefit you, the taxpayer, this tax season. 1. April 17 Tax Deadline: Two Extra

2011 Top Shop Finalist: Family Tire & Auto Service

  Family Tire & Auto Service has been in business in eastern North Carolina scarcely more than six years, but more than deserves its new title of 2011 Tire Review Top Shop Award Finalist due to continued growth and profitability, coupled with its strong commitment to the communities it serves. David Bucher, 42, is president