Category: Business
Standard mileage rates for 2024
Source IRS IRS issues standard mileage rates for 2024; mileage rate increases to 67 cents…
Avoid a surprise next year; review tax withholding now before time runs out.
IR-2023-205, Nov. 3, 2023 WASHINGTON — With 2023 rapidly coming to a close, the Internal…
LLC or S Corp? What should you know?
Introduction LLCs and S corporations are two terms that are often used in the context…
Accountable Plan! What should you know?
An accountable plan is a way for S corporations to save taxes by reimbursing business…
LLC Federal Tax Classification
LLC Federal Tax Classifications are the rules that determine how the IRS treats a Limited…
For California storm victims, IRS postpones tax-filing and tax-payment deadline to Nov. 16
IR-2023-189, Oct. 16, 2023 WASHINGTON — The Internal Revenue Service today further postponed tax deadlines…
Tax Year 2023: Tips for Tax Deduction
To avoid any hassle while doing your taxes, be sure to follow these guidelines for…
Tax Year 2023: Top Tax Breaks for Independent Contractors
Full or part-time freelancing provides job flexibility and additional income, but dealing with taxes can…
Business travelers should check out these deductions before hitting the road
Tax Tip 2023-76 Many people travel for their job – some for an occasional conference…
Short Term Rental, Tax Planning and Taxation.
Introduction Properties available for short-term rental (STR) are an excellent investment option for high incomes.…