EZKR, the leading full service accounting
and consulting firm in Westchester,
offers the value of deep resources and
attentive service to small to mid-size
companies and high net worth individuals.

News & Events
Useful Info & Resources
EZKR CLE Courses

Forensic Accounting
"Reality's Bite"

Forensic Accounting
"How to Make a Winning Case
Out of Nothing"

Business Valuation
"Nuts, Bolts, Traps and Pitfalls"

Business Valuation
"Does the Business Valuation Expert Measure Up?"

EZKR - The Firm of Choice

EZKR is Westchester's leading full service Certified Public Accounting and Consulting firm. We are a progressive, forward-looking firm on the forefront of the accounting profession.

The Services You Need and the Services You Want

EZKR provides the expert services you need - tax returns, financial statements and other financial reporting requirements, but more importantly, we provide the services you want - financial and business development consulting services that preserve your assets, grow your company, enhance your financial well-being and solve the business problems that stall your company's growth and add stress to your life.

EZKR provides its clients with the trusted long-term relationships and attention localized CPA firms are known for. We have developed the unique ability to provide large accounting firm resources while delivering high quality services to both small and mid-size companies and high net worth individuals.

Pro-Active and Effective

Client service forms the foundation of our business philosophy. We are committed to delivering cost-effective, professional and reliable services that provide our clients with value in many ways.

Understanding that each business, organization and individual has their own issues, opportunities and special challenges, we take the time to learn our clients' business or personal financial needs and goals.

WASHINGTON - The Internal Revenue Service on 11/24/08 issued the 2009 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

Beginning on Jan. 1, 2009, the standard mileage rates for the use of a car (also vans, pickups, or panel trucks) will be:

• 55 cents per mile for business miles driven
• 24 cents per mile driven for medical or moving purposes
• 14 cents per mile driven in service of charitable organizations


The new rates for business, medical and moving purposes are slightly lower than rates for the second half of 2008 that were raised by a special adjustment mid-year in response to a spike in gasoline prices. The rate for charitable purposes is set by law and is unchanged from 2008.

The business mileage rate was 50.5 cents in the first half of 2008 and 58.5 cents in the second half. The medical and moving rate was 19 cents in the first half and 27 cents in the second half.

The mileage rates for 2009 reflect generally higher transportation costs compared to a year ago, but the rates also factor in the recent reversal of rising gasoline prices. While gasoline is a significant factor in the mileage rate, other fixed and variable costs, such as depreciation, enter the calculation.

The standard mileage rate for business is based on an annual study of the fixed and variable costs of operating an automobile. The rate for medical and moving purposes is based on the variable costs as determined by the same study. Independent contractor Runzheimer International conducted the study.

A taxpayer may not use the business standard mileage rate for a vehicle after using any depreciation method under the Modified Accelerated Cost Recovery System (MACRS) or after claiming a Section 179 deduction for that vehicle. In addition, the business standard mileage rate cannot be used for any vehicle used for hire or for more than four vehicles used simultaneously.

Taxpayers always have the option of calculating the actual costs of using their vehicle rather than using the standard mileage rates.

Beware of Phony IRS Emails

Important Information for Businesses with Pension Plans

The IRS is requiring that all qualified retirement plans be revised to reflect recent tax law changes. The IRS is mandating that all plan documents be restated to reflect the changes. The plan must be revised and submitted to the IRS anytime between May 2008 and April 2010. This reporting is required in order to keep your retirement plan in compliance. You will need to contact your pension administrator to prepare and file the proper documents. Please contact us with any questions you have.

Services
Download EZKR Firm brochure