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.
Translations from Your Trusted Advisor.
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.
0 Comments
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.
Ahead of the Veterans Day holiday the IRS has published a list of tax resources available for members of the military. These include a dedicated IRS webpage with helpful resources. There are also specific IRS publications for military members.
With inflation running at 30 year highs the IRS has been busy updating various items that are tied to inflation. On October 21, 2022, the Internal Revenue Service issued Notice 2022-55 announcing retirement plan cost-of-living adjustments (COLAs) applicable to 2023.
Chandler Hunter, MSA • If you are a Massachusetts individual taxpayer and had a tax liability for 2021, you may be getting a refund of state taxes paid via direct deposit or check.
The Commonwealth of Massachusetts reported that it received excess revenue from taxpayers in 2021, to the tune of almost $3 billion. This massive surplus brought Chapter 62F of Massachusetts state law into effect, requiring the state to issue refunds to individuals who paid a tax liability last year. |
Don't Like Being a Number?
CALL OURS(603) 224-2000
or email us, we’re flexible
Share your thoughts about
our firm and service! Categories
All
|