What The Standard Mileage Increase Means For You

For the first time in two years, the optional standard mileage rate is going up, as announced by the IRS. Beginning on Jan. 1, 2022, the increase affects businesses and organizations using a car, van, pickup, or panel truck for company, medical, moving or qualified active-duty purposes. Here’s why the IRS is increasing the [...]

2022-04-20T18:32:17-06:00April 20th, 2022|Blog, Deductions, Financial, Law changes|0 Comments

Office Home Deductions

Today we'll be talking about home office deduction, so first of all it's a subtraction from the income on your tax return which is a good thing. It's focused around work that's done at home and the costs to do that, but it's a computer or Internet service or security that kind [...]

2023-02-14T18:34:02-06:00July 13th, 2018|Deductions, Financial|0 Comments
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