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Richard Welling & Co., LLP focuses on providing excellence in tax services to businesses. We also provide these services to individuals and their closely held entities.

 

Recent News

Recent Tax Law Changes

Overview of relevant tax changes in the Heroes Earnings Assistance and Relief Act of 2008 for non-military members

The recently enacted “Heroes Earnings Assistance and Relief Tax Act of 2008” (the 2008 Heroes Act) provides targeted tax relief for military members and their families. . . 

 

Business standard mileage rate increases for last half of 2008

IRS has announced that the optional mileage allowance for owned or leased autos (including vans, pickups or panel trucks) will increase 8˘ from 50.5˘ to 58.5˘ per mile for business travel from July 1, 2008 to Dec. 31, 2008 to better reflect the real cost of operating an auto in this period of rapidly rising gas prices. . .