Clues to help solve your financial and tax puzzles!

Monthly Archive November, 2006

Winter Tax Tips newsletters available now

November 17, 2006

Tax Tips client newsletters are a new feature provided on the web-site. They are updated twice yearly. The summer edition includes timely topics to help you make informed decisions relevant to your tax situation. The winter edition includes all the latest tax law changes so you can prepare for the upcoming tax season and [...]

reminders - Comments closed

Drawbacks of married couples filing separately

November 12, 2006

If you choose to file as married filing separately, you generally will not qualify for the earned income tax credit, the education credits, deduction for student loan interest, tuition and fees deduction, or the child and dependent care credit. If you take part in an employer’s dependent care assistance program, the amount excluded is [...]

tax tips (fed) - Comments closed

IRS Announces 2007 mileage rates

November 2, 2006

11/1/2006IRS Announces 2007 Standard Mileage RatesIR-2006-168, Nov. 1, 2006 Rev. Proc. 2006-49 The IRS has announced the standard mileage rates for tax year 2007. Beginning January 1, 2007, the standard mileage rates for the use of a car (including vans, pickups or panel trucks) will be: 48.5 cents per mile for business miles driven; 20 [...]

tax tips (fed) - Comments closed



Leonard D. Rea, EA, CFP® (Enrolled Agent, Certified Financial Planner™)
and his team, serving individuals and businesses in the Massachusetts area since 1986.

Leonard Rea, Sturbridge Taxman

 Home

About Us

Our Services

Contact Us

Client Tools

Helpful Links

Send Mail