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The business mileage rate is increasing by 4 cents, to 62.5 cents per mile, while the medical and moving mileage is also increasing by 4 cents, to 22 cents per mile, for the final six months of 2022.
Too many taxpayers using a home office or having rental property are surprised by their tax bill when they sell their property. A little understood area of the tax code called depreciation recapture is often the culprit.
During retirement, the tax burden can become very complex. Without proper planning you could be paying thousands you do not have to ... Here are four key areas to help you plan.
While paying for something with 0% interest may sound appealing, there are risks you'll face that you should be aware of before you take this step. Here's what you need to know about 0% financing.