Information Center
INCOME TAX
- 2009 Individual Income Tax Rates
- 2009 Long-term Capital Gains & Qualifying dividends
- 2009 Personal exemption amount is $3,650
- 2009 Standard deduction amount for those that do not itemize is $5,700/single, $11,400/married filing joint, $8,350/head of household
- Standard mileage rate for 2009 is 55 cents per mile for business travel.
- Standard mileage rate for 2010 is 50 cents per mile for business travel.
- 2009 Corporate Income Tax Rates
- Maximum Section 179 Expense for 2009 is $250,000
- Record Retention Schedule Use this schedule to find out how long to keep your personal and business records.
- Farmer's Gift of Commodity Information on gifting of commodities to charitable organizations
PAYROLL TAX
- The wage limit subject to Social security tax for 2010 remains at $106,800.
- There is no limit on the wages subject to Medicare.