Clues to help solve your financial and tax puzzles!

Monthly Archive December, 2009

Form 8888 Allows Purchase of I Bonds With Tax Refund

December 16, 2009

For the upcoming 2010 filing season, taxpayers will be able to convert their income tax refunds into Series I Savings Bonds – even without a bank account or an existing account with the Treasury. In future years, taxpayers will be able to purchase I Bonds for their children or grandchildren just as easily. The IRS [...]

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2010 Standard Mileage Rates Released

December 3, 2009

50 cents per mile for business miles driven.
16.5 cents per mile driven for medical and moving purposes.
14 cents per mile driven for charitable services.

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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

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