FAQ

Here are the answers to some of the most Frequently Asked Questions our firm receives.

Q. What are IRS 2005 Optional Standard Mileage Rates?
A. Business mileage rate is 40.5 cents from 01/01/05-08/31/05 and then is 48.5 cents from 09/01/05-12/31/05 ; charitable use rate is still 14 cents it has not been increased as of now; medical use rate is 15 cents from 01/01/05-08/31/05 and then is 22 cents from 09/01/05-12/31/05; and moving expense rate is 15 cents from 01/01/05-08/31/05 and then is 22 cents from 09/01/05-12/31/05.



Q. What is college planning?
A. Is you family planning for your children's college costs? Are your children going to college or will be shortly? Call my firm at (856) 582-9139 to discuss the services I provide regarding college planning and processing those Federal Financial Aid Forms.