Our Blog & News

This Month’s Posts:

IRS increases mileage rate for remainder of 2022

The IRS recently announced an increase of 4 cents to the optional standard mileage rate due to the increase in gas prices.  The new rates are effective July 1, 2022- December 31, 2022: Business travel rate is now 62.5 cents per mile Deductible medical expenses is now...

Tips for Your Kids and Their Employment

It's summertime and we often get asked about how to handle taxes and forms for a child's summer job or first job out of college. We're recapping some tips below: Completing Form W-4 for summer jobs: When you child begins their summer job, their new employer will...

Last Month’s Posts:

Don’t forget – 2nd Q Estimated taxes Due 6/15/22

Generally, taxpayers who are self-employed, are shareholders in S-Corporations that typically pay out distributions in addition to the wages paid to the owners, partners in profitable partnerships, and/or report a good amount of investment income should consider...