Stephanie PetersonJun 14, 20221 minBusiness Mileage RateThe IRS Increases the Business Mileage Rate for 2022Due to the rapidly rising cost of fuel, the IRS just raised the business mileage rate from 58.5 cents per mile to 62.5 cents per mile for...
Stephanie PetersonMar 8, 20223 mintax preparationImportant Tax Changes for 2022The Standard Tax Deduction Rises in 2022 All taxpayers are eligible to take the standard tax deduction unless they elect to itemize their...
Stephanie PetersonFeb 17, 20222 minbookkeepingNew Tax Laws for 2022 - Venmo, PayPal, Cash App, Etc.Due to the American Rescue Plan, which was established last year, payment app providers like Venmo, PayPal, CashApp, etc. are all now...
Stephanie PetersonFeb 13, 20223 minbookkeepingImportant Cryptocurrency Tax Rules (Bitcoin & Etc.)Do you own any cryptocurrencies? If so, it is wise to stay on top of tax laws and regulations that may impact your crypto investments....