Industry Updates

 
 2009-2010 Tax Changes
  2009 2010
Value of Exemptions $3,650 $3,650
Child Tax Credit $1,000 $1,000
Social Security (OASDI) $106,800 (6.20%) $106,800 (6.20%)
Medicare $99,999,999 1.45% $99,999,999 1.45%
Supplemental Rate 25%/35% if over 1 million 25%/35% if over 1 million
Mileage Factors $0.55/$0.24 $0.50/$0.165