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Gentle Readers,
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This is likely my shortest missive of all time. Don’t dismay: if I survive the April tax deadline (and I always do), I’ll be back with long and windy articles with breathtaking insights and commentary. However, today my message is short and sweet.

You must return the signed Form 8879 before your tax preparer can file your return!! 
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On December 28, 2022, the New Hampshire Department of Revenue Administration (DRA) released the new Business Profits Tax (BPT) and Business Enterprise Tax (BET) filing threshold in TIR 2022-006.  The following are the new requirements for the taxable periods beginning January 1, 2023:
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In the most recent issue of NH Business Review Mason + Rich answers some questions affecting business tax owners this year. 

Q: What are some of the new tax regulations that NH businesses will encounter this year?

​The Internal Revenue Service issued the 2023 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.
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As the new tax season quickly approaches, we all want to make sure that we pay as little in taxes as possible when we file.  With this in mind, now is the perfect time to be able to make any last minute adjustments.
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