2008 Rates and Numbers:
Business Mileage (Jan 1-June 30): $.505 per mile
Business Mileage (July 1-Dec. 31): $.585 per mile
401K Pretax Contribution Limit: $15,500.00
Payroll:
-Social Security: 6.20%
-Medicare: 1.45%
-Social Security Wage Limit: $102,000
-Medicare Wage Limit: None