SMALL BUSINESS and CORPORATIONS
The requirements for corporate management are becoming increasingly extensive. That is why fundamental business consulting for us is inseparable from the services of good tax consulting. The experiences from our comprehensive auditing activities are therefore of very high value.
Our services include
- Consulting on business set-ups
- Financial consulting
- Credit status checks
- Result improvement analyses
- Establishment and formation of report and information systems
- Financial planning, success planning, and liquidity planning
- Business plan consulting
- Bookkeeping checks
- Inheritance regulations
Standar Mileage rate for business use Increases for 2025.
The Standard mileage rate for vehicles driven for business will increase by 3 cents in 2025. The mileage rates for vehicles used for other purposes will remain unchanged from 2024.
The updated standard mileage rates for the use of a car, van, pickup or panel truck are:
- 70 cents per mile driven for business use.
- 21 cents per mile driven for medical purposes.
- 21 cents per mile driven for moving purposes for qualified active-duty members of the Armed Forces.
- 14 cents per mile driven in service of charitable organizations.
Call:Start Star Tax Profecionals
Ph: 214-994-9490 - 972-219-5258
Estimated Taxes
You can pay your estimated tax four times a year, based on the IRS dates specified for payment, or each month. At:Electronic Payment Options Home Page
Estimated taxes are tax payments made to the IRS on income you have that is not subject to withholding. People who are self-employed pay estimated taxes, as do those with large stock dividends, interest or assets. If you are a salaried employee and you don’t have enough tax withheld, you may want to pay estimated taxes to avoid paying a penalty.
To pay estimated taxes, you need to figure out how much your adjusted gross income will be for the year. Take into account your taxable income, deductions, taxes and credits.