• Menu
  • Skip to right header navigation
  • Skip to main content

Pierce Accounting Logo

Accounting & Tax Services in Fairmont, MN

  • Articles
    • Social Security
    • Taxes
  • Community Involvement
    • Fairmont Chamber of Commerce
    • Charter Commission
    • Rotary
    • Adventure Playground
    • Fairmont Area Life
    • Destination Small Town
    • Interview: Martin County on TV
  • Where’s My Refund?
    • Minnesota
    • Federal
  • Client Portal
  • About Us
  • Contact
  • Articles
    • Social Security
    • Taxes
  • Community Involvement
    • Fairmont Chamber of Commerce
    • Charter Commission
    • Rotary
    • Adventure Playground
    • Fairmont Area Life
    • Destination Small Town
    • Interview: Martin County on TV
  • Where’s My Refund?
    • Minnesota
    • Federal
  • Client Portal
  • About Us
  • Contact

deductions

Summer Day Camp Expenses May Qualify for a Tax Credit

Along with the lazy, hazy days of summer come some extra expenses, including summer day camp. But, the IRS has some good news for parents: those added expenses may help you qualify for a tax credit. Many parents who work or are looking for work must arrange for the care of their children under 13 …

Summer Day Camp Expenses May Qualify for a Tax CreditRead More

 Standard Mileage Rates Starting January 1, 2015 

Instead of using the business portion of the actual expenses of operating a vehicle, the IRS permits taxpayers to use a standard mileage rate. IRS has issued new rates that are effective for travel on or after January 1, 2015.  Business rate has been raised up to 57.5 cents per mile for 2015, 56 cents …

 Standard Mileage Rates Starting January 1, 2015 Read More

 Home Office Deduction 

Taxpayers are allowed a deduction for home office expenses if the space is used regularly and exclusively as a principal place of business. Exclusive means just that. Courts have denied the deduction to taxpayers when the space was used after hours by family members. Use of a business computer (in the business space) for personal …

 Home Office Deduction Read More

Site Footer

Pierce Accounting Services

(507) 238-4304

51 Downtown Plaza

Fairmont, MN 56031

Copyright © 2023 Pierce Accounting Services · All Rights Reserved · Powered by Mai Theme