News and Information Relevant to Your Financial Success

Contained on this page of our website, you will find news briefs relevant to the financial industry. This area is updated frequently, as we continue to provide our clients and visitors the most current information available.

We encourage you to enroll in our newsletter, and we will notify you via email each time we make a significant change to this area. Your information will be kept private and used only to provide information regarding your financial success.

2012 Mileage Rates Released by IRS

Posted: December 10, 2011

On December 9, 2011, the Internal Revenue Service released their standard mileage rates (or SMR) for the 2012 calendar year.  With the price of gasoline... more


NC Sales & Use Tax Rate Decrease Effective July 1, 2011

Posted: July 1, 2011

Effective July 1, 2011 the general North Carolina State tax rate will decrease to 4.75%.  After this adjustment is made and unless listed below, the North... more


IRS Increases Standard Mileage Rates

Posted: June 24, 2011

  Well it is now official – the IRS has announced in Announcement 2011-40 that effective July 1, 2011, mileage rates for those that use the Standard... more


Expanded Form 1099 Requirement Law Repealed

Posted: April 22, 2011

After much debate and cost to the American public, the expanded Form 1099 law that was enacted in conjunction with the 2010 Small Business Jobs Act and... more


Welcome to the New Website Design

Posted: April 12, 2011

As you can see, we decided to redesign the Lesemann & Associates PLLC website. Our new design incorporates all the features of the old site plus more! Feel... more


2010 Small Business Jobs Act

Posted: January 19, 2011

The recently enacted 2010 Small Business Jobs Act includes a wide-ranging assortment of tax breaks and incentives for businesses. Here’s a brief... more


Bush Tax Cuts Extended & Payroll Taxes Cut

Posted: December 8, 2010

Late on Dec. 6, President Obama announced that the Administration and the Republicans had arrived at a “framework for a bipartisan agreement” that... more


IRS Releases 2011 Standard Mileage Rates

Posted: December 8, 2010

The IRS released on Friday (December 3, 2010) the standard mileage rates for use in 2011 (Notice 2010-88). The optional standard mileage rates can be used... more


Heroes Earnings Assistance and Relief Tax Act of 2008

Posted: November 24, 2008

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