Monthly Archives: January 2012

Bring your corporate minutes up to date

Posted on January 26, 2012 by PADRÓ & Company, P.A.

Writing up the minutes of board of directors’ meetings is not exactly a high priority for most business owners. Yet well-documented corporate minutes can provide valuable supporting evidence if your tax positions are ever questioned. Minutes are especially important where … Continue reading →

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Tax time is the right time for a financial review

Posted on January 19, 2012 by PADRÓ & Company, P.A.

Now is an ideal time to review your financial affairs. You have to gather information to prepare your tax return at this time. Why not take one more step and do something positive for your financial well-being? The following suggestions … Continue reading →

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IRS announces business mileage rate for 2012

Posted on January 12, 2012 by PADRÓ & Company, P.A.

The IRS recently announced that the mileage rate for business driving in 2012 will be 55.5¢ a mile. The rate can be used for cars, vans, pickups, and panel trucks. Companies that don’t want to keep track of the actual … Continue reading →

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