Commonly-used tax information is listed below.  As other updated information becomes available from the IRS, we will continue to compile helpful reference material for you.

To access our 2007 year-end tax planning guide, please click HERE.

2007 Standard Deduction      Standard Deduction        Age 65+ or Blind (each)
Married Filing Jointly                       10,700                                       1,050
Single                                               5,350                                       1,300
Head of Household                          7,850                                        1,300
Married Filing Separately                 5,350                                        1,050

2008 Standard Deduction      Standard Deduction        Age 65+ or Blind (each)
Married Filing Jointly                       10,900                                       1,050
Single                                               5,450                                       1,350
Head of Household                          8,000                                        1,350
Married Filing Separately                 5,450                                        1,050
  
2007 Mileage Rates (listed in cents per mile)  
Business - 48.5
Medical - 20    
Moving - 20     
Charitable - 14

2008 Mileage Rates (listed in cents per mile) Jan 1 - June 30, 2008 
Business - 50.5
Medical - 19   
Moving - 19    
Charitable - 14

2008 Mileage Rates (listed in cents per mile)  July 1 - Dec 31, 2008
Business - 58.5
Medical - 27   
Moving - 27   
Charitable - 14