bmcper
CEO/Auditor
Posts: 28
(9/14/00 4:41 pm)
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Tax Changes For Year 1999 !!!
The listing below consists of some of the tax changes that will take place in the year 1999.
Business Standard Mileage Rate:
From January 1, 1999 through March 31, 1999 the standard mileage rate is 32 1/2 cents per mile. As of April 1, 1999 the standard mileage rate will drop to 31 cents a mile.
Health Insurance for the Self-employed
The cap on this deduction is now up to 60% of your health insurance premiums.
Expense For Depreciation
This expense has increased to $18,500
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