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JUST IN OFF THE IRS NEWSWIRE:
In response to the increasing rise in gas prices the IRS has increased the optional standard mileage rate for the second half of 2008.  From July 1 through December 31, 2008 the standard mileage rate will increase by 8 cents per mile to 58.5 cents for business mileage and to 27 cents per mile for medical and moving mileage.  The rate for mileage related to providing use of your vehicle for charitable organizations remains at 14 cents per mile.
 

NOTABLE INDIVIDUAL ACHIEVEMENTS IN OUR FIRM:

Paul R. Demharter,  founder of Demharter & Company, CPA Firm, has successfully completed his sixth consecutive AICPA Peer Review.   The Peer Review Report of Demharter was accepted unmodified by the PICPA/DSCPA/VISCPA Peer Review Committee with comments by the reviewer that the financial statement presentation and disclosures were outstanding.  Firms enrolled in the program agree to adhere to the quality control standards that have been established by the AICPA and must have an independent review of their accounting and auditing practices every three years.  Mr. Demharter, who is a CPA, has been in practice for over 35 years and has been located in Lower Burrell for the past 21 years.  He is a member of the AICPA, The AICPA Tax Division, the PICPA, AND THE National Society of Accountants. 

 
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