IRS Adjusting Mileage Reimbursement Rate to Ease Gas Pains for Taxpayers
Claire Stoner
June 15, 2022
Starting on July 1, 2022, the standard mileage rate for business use vehicles will increase by four cents per mile
Starting on July 1, 2022, the standard mileage rate for business use vehicles will increase by four cents per mile
After nearly 20 years of maintaining the second-highest corporate net income tax (CNIT) rate in the United States, Pennsylvania seems
With the return of inflation at levels not seen for decades, the LIFO (last-in, first-out) method of inventory costing may
The Taxpayer Advocate Service (TAS), an independent organization within the IRS that is tasked with looking out for the rights
As the holiday shopping season gears up, businesses should be aware of the issue of sales tax “nexus.” Though this
While the annual inflation rate of 6.2% announced recently is far from good news, it is important to understand that
The Infrastructure Investment & Jobs Act, signed into law by President Biden on November 15, 2021, put an end to
With the growing costs of higher education, parents and self-financed students should be mindful of the education benefits available to
President Biden’s ambitious American Families Plan, which was introduced several weeks ago, (see related post) has become a constant topic
One of the most overlooked tax opportunities for many taxpayers is the credit for increasing research activities allowed under Section
Occasionally, even tax law can become interesting to the casual observer. Such is the case with the long-awaited Tax Court
On April 28, 2021, President Joe Biden presented his American Families Plan to a joint session of Congress. In his
