expenses

IRS released the standard mileage rates for 2022

In mid December 2021, the IRS released the standard mileage rates for the use of a car (also vans, pickups or panel trucks) beginning January 2022 will be: 58.5 cents per mile driven for business use, up 2.5 cents from the rate for 2021, 18 cents per mile driven for medical, or moving purposes for

By |2025-01-10T01:26:58+00:00December 20th, 2021|Categories: Business|Tags: , , , , , |

Considering amending your tax return?

Should You Amend Your Tax Return? What Business Owners Need to Know (CPA Guide) Filing taxes is complex, and mistakes can happen. If you're considering amending your tax return, it's important to understand when it's necessary and how it may affect your financial situation. When You Should Amend Your Tax Return Missing or incorrect income

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