IRS Announces NEW 2022 Mileage Rates
In a recent announcement, the IRS raised the standard mileage rates for travel beginning in July, 2022. Use the previously announced mileage rates for qualified travel [...]
NON-Retiree Retirement Ideas
Want money when you retire? Here are some tips. Here are five common retirement planning ideas and what you can do to take advantage of them. [...]
I’m Being Audited by the IRS!
Less than 1% of more than 145 million individual tax returns filed during 2021 will be selected for audit. The percentage increases for higher income taxpayers, [...]
Reminder: Second Quarter Estimated Taxes Are Due
Now is the time to make your estimated tax payment! If you have not already done so, now is the time to review your tax situation [...]
Understanding Tax Terms: Pass-through Entities
What everyone should know! Small business owners have a number of options on how to organize their business for tax purposes. And if you sell items [...]
What’s New in 2022
Here are some key changes to the tax code for 2022. Use this information to help manage your tax obligation, a practice that can pay rich [...]
3 Things to Know About Summer Job Taxes
Summer brings warm weather, fun outdoor activities, and new opportunities to earn some additional income. However, taxes on seasonal income need to be handled with care, [...]
Withholding Review Required Now
With tax season in the rear view mirror, now is the time to take a hard look at your federal and/or state withholdings to ensure next [...]
A Tax Nightmare on Your Horizon
MUST READ if using digital payment tools or reselling tickets! A recent tax law change by this edition of Congress now requires transaction reporting to the IRS [...]
Maximizing the Tax Benefit of Charitable Deductions
Your charitable contribution deductions are still a great tax savings tool, but they now require more planning. Now is a great time to look at this [...]
If You’re Expecting a Refund, Read This!
If you’re getting a refund, here are four useful tips to know. 1. The average refund is more than $3,500. Through February 18, the IRS reports the [...]
Tax Day is Here!
Last-minute details, tips and freebies... With the individual tax-filing deadline on Monday, April 18, now is the time to complete all filing arrangements and payments. If [...]
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