#IRS

NEWS & UPDATES

Mileage Increase

#IRS announces that for the final 6 months of 2022, the standard mileage rate for business travel will be 62.5 cents per mile, up 4 cents...

100%

Businesses can claim 100% of their food or beverage expenses paid to restaurants between Jan. 1, 2021 and Dec. 31, 2022. See more #IRS...

Year Round Tax Planning

Filing taxes doesn’t mean you forget about taxes for the rest of the year. What you do now may affect any tax you could owe or refund you...

Dirty Dozen

#IRS warns taxpayers, #TaxPros and businesses to be on the lookout for bogus calls, texts, emails and online posts. Scammers are vying to...

IRS Tax Errors

Claiming incorrect tax credit amounts is a common error the #IRS has seen this filing season. This mistake can not only delay IRS...

Refunds on Unemployment Compensation

This week #IRS is issuing 1.5M refunds averaging $1,600+ as the result from adjustments to unemployment compensation on previously filed...

Child Tax Credit

Families with qualifying children may receive up to 50% of their #ChildTaxCredit in 2021 – that is before filing their 2021 tax return...

Economic Impact Payment

Roughly nine million people who typically aren’t required to file federal income tax returns will receive a special letter from #IRS...

Be on the lookout for new variations of tax-related scams.

Be on the lookout for new variations of tax-related scams. If you get a call threatening to suspend your SSN for an unpaid tax bill, hang up