Facts and Figures
Pumped-up Deduction—The standard mileage rate for qualified business drivers was set at 51 cents per business mile (plus tolls and parking fees) for 2011. Now the IRS has announced that…
Volume 1 Issue 4 | August 2011
Five Smart Ideas for College Savings
The Competitive Edge, Volume 1 Issue 4 | August 2011
The price tag on a college diploma continues to escalate at a rate higher than the inflation rate. According to the College Board, tuition and fees for in-state students at…
Know Tax Angles to Lifetime Gifts
The Competitive Edge, Volume 1 Issue 4 | August 2011
Due to recent tax law changes, you may want to consider giving generous gifts to other family members. The gifts can reduce the size of your taxable estate. Here is…
Texas Tax Changes
The Competitive Edge, Volume 1 Issue 4 | August 2011
On July 19, 2011, Texas Governor Rick Perry signed S1, the omnibus fiscal matters bill, which contains numerous tax provisions. Key provisions, effective September 28, 2011, unless otherwise noted, are…