Business Standard Mileage Rate Increases for 2024
Back to News Business Standard Mileage Rate Increases for 2024 The optional standard mileage rate for business use of a vehicle increased slightly from 2023. The new rate is effective…
Individual Home Energy Tax Credits For 2023
Back to News Individual Home Energy Tax Credits For 2023 Taxpayers who make home energy improvements in 2023 may be able to take advantage of tax credits for a portion…
WA Cares Fund Contributions
Back to News WA Cares Fund Contributions In 2019, Washington state enacted a long-term care insurance program, the Long-Term Services and Supports (LTSS) Trust Act, which will be funded by…
Dirty (Half) Dozen: Watch for These Red Flags When Choosing a Tax Preparer
Back to News Dirty (Half) Dozen: Watch for These Red Flags When Choosing a Tax Preparer The IRS reached the halfway point of its annual "Dirty Dozen" list of tax…
Saving for College: The New 529-to-Roth IRA Transfer Rule
Back to News Saving for College: The New 529-to-Roth IRA Transfer Rule A provision in the SECURE 2.0 Act enables greater flexibility in saving for children's education while also helping…
More Vehicles Qualify for New Clean Vehicle Tax Credit
Back to News Change Allows More Vehicles to Qualify for the New Clean Vehicle Tax Credit Treasury and the IRS said Friday, February 3, the IRS will use the EPA…
Taxpayers Reminded About Digital Asset Question & Income Reporting
Back to News Taxpayers Reminded About Digital Asset Question & Income Reporting The IRS says that it has expanded the instructions for answering a question on federal tax returns about…
Key Tax and Retirement Provisions in the Secure 2.0 Act
Back to News Key Tax and Retirement Provisions in the Secure 2.0 Act The year-end appropriations act included the Secure 2.0 Act, which makes many changes to the retirement plan…
Business Standard Mileage Rate Increases for 2023
Business Standard Mileage Rate Increases for 2023 Back to News Business Standard Mileage Rate Increases for 2023 The standard mileage rate for business use of a vehicle has increased, the…
IRS to Accept 2022 Tax Returns Starting Jan. 23
Back to News IRS to Accept 2022 Tax Returns Starting Jan. 23 The IRS said that most electronic filers will receive their refund within 21 days if they choose direct…