Midyear Mileage Deduction Update

2 years ago

For the most part, the IRS releases its annual mileage rate updates for the following year in December. These rates…

Retirement Plan Legislation Update

2 years ago

Americans depend on employer sponsored retirement plans such as 401(k), 403(b), and others to help fund retirement savings. The various…

More States Move to Lower Income Taxes

2 years ago

Like Georgia, more states are cutting income taxes in what is mostly a bipartisan effort nationwide. In 2021 alone, 14…

Midyear Updates From the IRS: Slow but Consistent Progress

2 years ago

When an issue arises with a tax return filing, processing, or other concern, many will turn to the IRS to…

2022 Fraud Concealment Trends

2 years ago

Fraud is a persistent risk that many business owners and executives need to manage. The unfortunate reality is that employees,…

45L Energy Efficient Tax Credit for Real Estate Developers

2 years ago

Almost 30 percent of global carbon dioxide emissions can be traced back to building operations. This is a surprising number…

Relief on the Horizon for Auto Dealers Using the LIFO

2 years ago

Supply chain disruptions are nothing new to auto dealerships at this point. Chip shortages and the difficulty obtaining new semiconductors…

Proposed Changes to Required Minimum Distributions

2 years ago

Required minimum distributions (RMDs) can be tricky. The IRS mandates that once a person reaches a certain age – currently…

A Primer on Universal Availability Rules for 403(b) Plans

3 years ago

There are many similarities between a 401(k) and 403(b) plan. In fact, they are so alike many often assume the…

Physical Presence Relief Extended Through 2022

3 years ago

Before COVID-19, changes to participant elections needed to be done in person with a notary or plan representative. Since March…