2013 brought many changes, many of them small (but notable), into the tax code. Here’s a breakdown of the highlights:
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Austin Fey is a Wealth Manager at Marotta Wealth Management, specializing in charitable giving and asset allocations. She is a regular contributor to our Marotta On Money articles, often giving advice to those just getting started in finance.
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An error in the last line. IRS mileage rate for charitable organizations is still 14 cents.
Thanks for catching that, Dave! You’re right — the last line on mileage for charitable organizations should say $0.14, not $0.24. Sorry about that; thanks for reading closely!