Burton-Lyman Tax Service is happy to provide the current issue of Tax News and Industry Updates. In this edition, you will find:

  • Standard Mileage Rate
  • Inflation Adjusted Amounts
  • IP PINs Will Help PRevent Refund Delays
  • New Form 7217 for Partnership Distributions
  • Repeat Frivolous Filing Offenders
  • Cohan Rule Not Allowed If Taxpayer Could Have Produced Documentation
  • Write-Offs for Damaged Inventory