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        • Your financial statements should show a complete picture of your business, and lay the foundation to help you create a strategy for the future.
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        • Patient care is your primary concern. Providing the best clinical experience for your patients continues to get more difficult and costly. Delivery models are changing from fee for service to quality based.
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        • Running a legal firm is a balancing act with high stakes. Your reputation hinges on your ability to support clients with responsiveness and accuracy.
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        • Real estate is characterized by large material gains and losses. Every transaction has the potential to impact your accounting and tax situation.
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        • Perhaps more than any other industry, technology companies must have an infrastructure built to scale. A culture of continuous iteration requires an ability to account for a fluctuating profit margin.
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        • Renewable energy is an area of growing interest for businesses, as well as the advantageous tax incentives when transitioning operations to include new energy solutions. Read our series of articles to LEARN MORE.

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SJG Blog

January 2016 Newsletter

It’s officially tax season! Are you prepared?

Tax season can be stressful and confusing – but it doesn’t have to be if you’re informed and organized. Here is some important information our tax experts think should know to face the season head on.

Announcing the IRS Standard Mileage Rates for 2016

As of January 1, 2016, the 2016 mileage rates for standard use of a vehicle (including vans, pickups, and panel trucks) are as follows:

Business Miles

  • Calculate the standard mileage rate based on an annual study of the fixed and variable costs of operating a vehicle.
  • For 2016, the rate is 54 cents per mile for business miles driven, (down from 57.5 cents in 2015).

Medical and Moving Miles

  • Calculate the standard mileage rate based on variable costs.
  • For 2016, the rate is 19 cents per mile driven for medical or moving purposes (down from 23 cents in 2015).

Charitable Service Miles

  • Calculate the rate based on statute.
  • For 2016, the rate will remain steady at 14 cents per mile.

Have a question about what the standard mileage rates mean or what counts as a business mile?
We’re here to help.


More Helpful Tax Related Information


Client in the News

Kuraoka Clinic Continues to Expand

Kuraoka Clinic is a general internal medicine, pediatrics, and cosmetic practice. We are pleased to congratulate our client on their active expansion! They recently added a third office in Suwanee, Georgia to their Atlanta and Dublin (Ohio) locations, and will soon open their fourth location in Dallas, Texas.

Learn more or schedule a visit.


We’re tax specialists focused on the accounting needs of emerging businesses.
You won’t find a more well equipped or helpful guide.

Contact us anytime, and subscribe to our blog for more information that can help keep you safe and compliant.


About S.J. Gorowitz Accounting & Tax Services
SJG is a boutique CPA firm supporting expanding and emerging businesses and their owners. We take a consultative, inclusive approach to accounting, tax, and trust and estate work. Working individually with each client, we generate accurate financials, minimize taxes and ensure compliance through tailored accounting solutions and financially focused business consulting. We work across industries, implementing processes and tools that maximize results, save money and create peace of mind.

For more information about how we can assist you, visit www.sjgorowitz.com.

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