Monthly Archives: June 2011

High Gas Prices Cause IRS To Increase Mileage Rate

The Internal Revenue Service has responded to the nationwide increase in gas prices by raising the mileage rate by 4.5 cents.  Starting July 1,  drivers will be able to deduct 55.5 cents per mile for the business-related travel they undertake … Continue reading

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Ohio Think Tanks Working To Close “Loopholes”

Three Ohio think tanks have been working together to recommend closing perceived “loopholes” in Ohio’s tax laws.  It’s not odd that groups would work together to do this, what is odd is the three groups that are working together: the … Continue reading

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The Importance of Asset Protection

Many people operate under the mistaken belief that assets held in joint accounts and assets held by their revocable living trust are safe from the claims of creditors.  This errant belief could very well cause one’s assets to be attached … Continue reading

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