Standard Mileage Rates to Go Up in 2022
As of January 1st, 2022, the standard mileage rate for business use of a car, van, pickup truck, or panel truck has risen to [...]
As of January 1st, 2022, the standard mileage rate for business use of a car, van, pickup truck, or panel truck has risen to [...]
As tax filing season begins there are many things you can do as a taxpayer to prepare yourself and your accountant for a stress-free [...]
Background The Cares Act created the sick leave tax credit which allows employers to get a credit for time employees were out of work [...]
Each year, including this year, 2021, the IRS offers a home office deduction which is available to self-employed individuals. People who work from home [...]
The IRS has released Notice 2021-63, which clarifies the temporary 100% business meals deduction for food or beverages from restaurants in 2021. Normally, there [...]
The Connecticut Department of Revenue Services is offering certain sellers of meals the opportunity to retain all sales tax they collect on sales of [...]
As part of the American Rescue Plan Act of March 2021, there has been an extension, as well as an expansion to who can [...]
Millions of people retire every year and this past year the pandemic has pushed more people into retirement. Whether the retirements were voluntary or [...]
The Connecticut General Assembly enacted legislation under which certain sellers of meals are allowed to retain the sales tax they collect on sales of [...]
Millions of families are eligible to receive a generous Child Tax Credit (CTC) for 2021. The American Rescue Plan Act of 2021 expanded the [...]