16 02, 2022

Standard Mileage Rates to Go Up in 2022

2022-02-16T17:48:08+00:00February 16th, 2022|Business, Connecticut, Deductions, Federal, Individual, Tax, Tax Credit, Tax Return|

As of January 1st, 2022, the standard mileage rate for business use of a car, van, pickup truck, or panel truck has risen to [...]

20 12, 2021

IRS Clarifies Temporary 100% Deduction for Restaurant Meals and Per Diem Payments

2021-12-20T20:14:20+00:00December 20th, 2021|Business, COVID-19, Deductions, Restaurant, Small Business, Tax, Tax Credit, Tax Return, Tips and Tricks|

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 [...]

Go to Top