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January 23, 2023 | IRS Online Account Can Help Taxpayers Get Ready to File Their Tax Return
An IRS online account makes it easy for people to quickly get the tax planning information they need. With the same ease that taxpayers...


January 17, 2023 | Bonus Depreciation Changes Begin in 2023
Bonus depreciation has been a great tax benefit since 2002. The Job Creation and Worker Assistance Act of 2002 allowed businesses to...


January 13, 2023 | Secure Act 2.0
On December 29, 2022, President Biden signed the $1.7 trillion omnibus 2023 Consolidated Appropriations Act (CAA). Part of the CAA was...


January 9, 2023 | 100% Business Meal Deduction Expired As Of 12/31/2022
For years 2021 and 2022 only, businesses could temporarily deduct 100 percent of business-related food and drink expenses from a...


January 6, 2023 | IRS Mileage Rates - 2023
The IRS has published the official 2023 rates for reimbursable and deductible mileage, and many will be happy to know the rate per mile...


December 5, 2022 | 9 Google Tips
Google’s search engine is an extremely powerful tool; however, most of us don’t use it to its fullest potential. Below are 9 Googling...


November 18, 2022 | Special Required Minimum Distribution Rules for 2021 and 2022 for 401k Plan.
The Internal Revenue Service (IRS) released guidance (Notice 2022-53) on October 7, 2022 which delayed the implementation of the final...


Nov 16, 2022 | The Maryland Digital Advertising Tax Found Unconstitutional in Maryland Circuit Court
A Maryland Circuit Court invalidated the State’s tax on digital advertising (Maryland Digital Advertising Tax) on October 21, 2022. The...


October 22, 2022 | Service Providers, Others May Receive 1099-Ks for Sales Over $600 In Early 2023
he Internal Revenue Service reminds taxpayers earning income from selling goods and/or providing services that they may receive Form...


Oct 20, 2022 | The IRS Announced Higher Federal Income Tax Brackets and Standard Deductions for 2023
As inflation continues to rise, the IRS published this week higher Federal income tax brackets as well as higher standard deductions for...
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