Ralph Beck CPA INC. 

     702-880-1040

   "Tax Time 2008"

Tax Changes 2008:

1. Standard Deduction for singles  $5,450, and married  $10,950.

2. Personal exemptions $3500.

3. Tax at:  Dividends 15% and Capital Gains 15% long term.

4. Self-employed health insurance premiums

     100% in 2005.

5. IRS business auto mileage rates- 50.5 cents per

    mile, in 2008. 

7.  Fica 2007 wage base is $97,500, and 2008 is $ 102,000.

8.  First-year expensing on business equipment limit to

      $128,000 in 2008, adjusted cpi figures. 

9. "INCORPORATE TODAY"

                  I, INCORPORATE, FROM BEGINNING TO THE END RESULT.