As you may know, the cost of commuting back and forth from work is not a deductible expense, whether you travel by car, train, bus or even plane. However, there are several exceptions to this general rule. For example, you may be able to deduct certain commuting costs while you’re operating on a temporary assignment or if you’re traveling between two business locations. Click Full Article to learn about another exception

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With the arrival of the busy holiday season, it's easy to set aside tax planning. Unfortunately, as the year draws to a close, so do most opportunities to reduce your 2007 tax bill. While there is still time, consider these 20 ways to minimize your personal and business taxes, most of which require you to take some action no later than December 31st.

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The IRS recently released a list of 11 potential 401(k) plan errors. Has your company's plan made any of them? Ignoring these mistakes can lead to costly penalties and even disqualification of a plan's tax-favored status. The good news is you may be able to correct errors before the IRS comes calling.

 In other IRS news, the 2008 standard mileage rates were just announced. Click "Full Article" to find out what they are.
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  Human Resources

Many of today's employees are well informed about their legal rights. And the federal government also publishes materials explaining in several languages how to file complaints and lawsuits against companies. Here's a guide to help you comply with the complex laws governing the employment of immigrants, including the hiring process. 
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  Business Finance

Issue credit and you've essentially become a lender, increasing some of your business risks. Credit purchases can help maintain, and even increase, sales volume, but you need to set some standards. Click "Full Article" for some tips on teaching your staff how to minimize the risks.
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