The California Board of Equalization is warning businesses of phony solicitations from the California Labor Compliance Bureau requesting immediate payment of a $275 "processing fee." The California Labor Compliance Bureau is not a government agency. 

The requested fee is purportedly for labor-related notices that California employers are required to post at their businesses, informing employees of their legal rights under the National Labor Relations Act. Such notices are free and available at the NLRB's website.

 
 
 
 
If you itemize your deductions and are having a hard time figuring out the tax deductible portion of the fees you pay to the DMV each year, you can look up the VLF at the California DMV's website by clicking here.
 

Merry Christmas!

12/24/2010

 
All of us at Stevens, Sloan & Shah CPAs
wish you and yours a 
Merry Christmas 

a Happy New Year.
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The Internal Revenue Service today issued the optional standard mileage rates. These are used to calculate the deduction for business, medical, moving, and charitable use of an automobile. These rates are effective January 1, 2011. The use of a car, van, pickup or panel truck will be:

* 51 cents per mile for business miles driven,
* 19 cents per mile driven for medical or moving purposes, and
* 14 cents per mile driven in service of charitable organizations.


Click here for more information.