Tax News Highlights

Dec. 19, 2013

Federal Tax

IRS Releases Standard Mileage Rates for 2014 

The IRS recently released standard mileage rates for 2014.

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IRS Proposes Change to Amortization of Organization Costs for Partnerships 

The IRS issued proposed regulations disallowing the deduction of certain unamortized costs upon the technical termination of a partnership.

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Howard M. Wagner
Partner, National Tax Services