Judge Rules Affordable Care Act Is Unconstitutional:  On 12/14/18, a federal district court judge in Texas ruled that the Affordable Care Act (ACA) is unconstitutional. The ruling was based on the reduction of the tax penalty to zero for individuals who do not comply with the individual mandate. The penalty was reduced to zero as part… Read More

The IRS has released Notice 2019-02, updating the standard mileage rates for autos, pickup trucks, and vans. For 2019 the rate for business use is 58 cents per mile, for medical and moving it’s 24 cents per mile and for charitable use it’s 14 cents per mile. Keep in mind that the Tax Cuts and Jobs Act suspended… Read More