News

Tax Records to Keep
Goodbye, Tax Season! But Wait, What Records Should I Keep?
Unless your tax return is extended, the tax filing deadline has come and gone – time to breathe a sigh of relief! But before you throw all ...
Read More
Where's My Refund? tools
The best way for taxpayers to check the status of their federal refund is to use the Where's My Refund? tool, found at https://www.irs.gov/refunds. This tool gives taxpayers access to their tax return ...
Read More
2023 Mileage Rates
Beginning on January 1, 2023, the standard mileage rates for the use of a car, van, pickup or panel truck are:
- 65.5 cents per mile driven for business use, up 3 cents from the midyear increase ...

2023 Individual Tax Change Highlights
Below are some of the highlights of individual tax changes for the 2023 tax year that began January 1, 2023. These are not the numbers and tables that will be used to prepare your 2022 tax returns ...
Read More
Secure Act 2.0 Highlights
The Secure Act 2.0 was signed into law in December 2022 as part of the Consolidation Appropriations Act of 2023. Below are some of the highlights from the Secure Act 2.0.
Automatic 401(k) deferral ...
Read More
Final 2022 Estimated Tax Payments Due
The due date for your final 2022 estimated tax payment(s) is approaching! Be sure to mail or make your estimated tax payment(s) online by January 17, 2023.
As a reminder...
Taxes are normally ...
Read More
Deferred Payroll Taxes Due December 31, 2022
Businesses have until December 31, 2022, to complete payment on deferred payroll taxes from 2020.
The Coronavirus, Aid, Relief and Economic Security Act (CARES Act) allowed employers to defer the ...
Read More
New IRS Regulations for 2023
The IRS has recently released updated regulations regarding the contribution and plan limits for retirement plans and cafeteria plans for 2023. The new regulations allow for ample opportunity to save ...
Read More
Work Opportunity Tax Credit
The Work Opportunity Tax Credit (WOTC) is a Federal tax credit available to employers for hiring and employing individuals from certain targeted groups who have faced significant barriers to ...
Read More
Social Security & Medicare Updates 2023
Social Security Benefits Increase and Medicare Premiums Decrease in 2023
Social Security and Supplemental Security Income (SSI) benefits for approximately 70 million Americans will increase by 8.7 ...
Read More