Standard mileage rates are up slightly from 2021 in two categories, according to theIRS. Beginning Jan. 1, 2022, the standard mileage rates for using a car, van, pickup, orpanel truck will be 58.5 cents per mile for work use. The … Continued
Author Archives: CPASNET
Barbacane, Thornton & Company recently welcomed a new partner, Edmund Fosu Laryea! Over the past eleven years, Edmund has been instrumental in our staff training and mentoring programs. Congratulations Edmund!
Congratulations to Magnuson McHugh & Company (Coeur d’Alene, ID) and Gordon Advisors (Troy, MI) for making Accounting Today’s list of 2020 Best Firms to work for! The annual survey and awards program is designed to identify, recognize, and honor the best employers in the accounting profession. The … Continued
Congratulations to Magnuson McHugh & Company and Gordon Advisors for making Accounting Today’s list of 2020 Best Firms to Work For!
Aprio, LLP, a nationally-recognized top 50 CPA-led business advisory firm and CPAsNET, a community of accounting and business consulting firms, announced today a strategic partnership.
HT2 is proud to announce the promotion of Kim Spinardi, CPA to the position of Senior Tax Manager and Courtney Corradetti, CPA to Senior Tax Accountant!
Clay Darnall, Shareholder, recently celebrated 39 years! Congratulations, Clay!
The Internal Revenue Service recently issued the 2019 optional standard mileage rates to be used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. As of January 1, 2019, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) are:
The Internal Revenue Service announced the tax year 2019 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes. The tax year 2019 adjustments generally are used on tax returns filed in 2020. The tax items for tax year 2019 of greatest interest to most taxpayers include the following dollar amounts:
The holiday season often prompts people to give money or property to charity. If you plan to give and want to claim a tax deduction, there are a few tips you should know before you give. As individuals and businesses are deciding where to make their donations, the IRS reminds taxpayers to research charities before making donations. Did you know the IRS has a tool that allows users to search for charities? Below we’ve highlighted four fast acts about the IRS Tax Exempt Organization Search tool: