January is a good time to consider tax planning. Amid the yearly onslaught of inflation-adjusted tax figures, here are the ...

I will assume that you are talking about Medicaid planning so that your client could qualify for coverage should she need nursing home care in the future without having to first spend down her assets.

That means the standard mileage rate for business use is now 70 cents per mile, up from 67 cents in 2024. However, the IRS said that its other standard mileage rates in 2025 will remain unchanged from ...