DURHAM:
Westgate Plaza Office Park
3500 Westgate Drive, Suite 201
Durham, NC 27707
Phone: 919-416-8815
Fax: 919-797-0519
MEBANE:
204 W. Ruffin Street
Mebane, NC 27302
Phone: 919-304-2620
Fax: 919-304-3620
customerservice@joewrenncpa.com
B. Joe Wrenn, CPA B. Joe Wrenn, CPA B. Joe Wrenn, CPA
B. Joe Wrenn, CPA
B. Joe Wrenn, CPA
B. Joe Wrenn, CPA
B. Joe Wrenn, CPA
B. Joe Wrenn, CPA
B. Joe Wrenn, CPA
B. Joe Wrenn, CPA

Accounting and Tax Facts

  • The 2024 mileage rate is now 67 cents per mile.


  • The 2024 IRA contribution limits are $7,000 for most taxpayers and $8,000 for taxpayers 50 years old or older. Both limits are dependent upon income levels.


  • Long-Term Capital Gains and Qualified Dividends tax rates are generally 15% for 2024 with some exceptions for low income and high income taxpayers.

Visit these websites for more information:

IRS.gov
Aicpa.org
Ncacpa.org
Sosnc.gov
Dor.state.nc.us
Savingforcollege.com
Ssa.gov
Bplans.com
Dol.gov
Healthcare.gov