Posts by Paul

2013 Income Tax Changes

Posted by on Apr 27, 2013 in Income Tax Changes | 0 comments

2013 Income Tax Changes As a service to our tax clients, we at America’s Tax & Accounting Service are constantly researching any changes to tax laws that may affect our clients.     While there were very few major changes for 2012 tax returns, there are several changes that are scheduled to take effect this year, which may affect your 2013 tax return.  We’ve listed the most significant changes that may affect 2013 tax return below: The standard mileage rate for 2013 is now $0.565 p/mile for business miles, which is a slight increase over the 2012 mileage rate For...

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Unusual (but legit) Income Tax Deductions

Posted by on Apr 6, 2013 in Income Tax Deductions | 3 comments

As the 2012 income tax filing season draws to a close, America’s Tax & Accounting Service did some research on some of the more unusual (but legitimate) income tax deductions that have been qualified by the IRS.  Since the tax season may have been an unpleasant one for some taxpayers, this posts attempt at humor will hopefully bring a smile to the reader’s face….. 1) Is pet food deductible?  The normal answer from most tax experts would be a resounding “No”, but in certain cases pet food is an allowed deduction.  If you are a business owner and use a pet to...

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