News & Insights

The Standard Business Mileage Rate Is Going Up In 2023

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Although the national price of gas is a bit lower than it was a year ago, the optional standard mileage rate used to calculate the deductible cost of operating an […]

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5 Steps to Take Now to Cut your 2022 Tax Liability

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It has been quite a year — high inflation, rising interest rates and a bear stock market. While there’s not a lot you can do about any of these financial […]

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Act Now to Reduce your Business’s 2022 Tax Bill

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It’s been a tumultuous year for many businesses, and the current economic climate promises more uncertainty for the short term, if not longer. Regardless of how your company has fared […]

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Employers: In 2023, the Social Security Wage Base is Going Up

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The Social Security Administration recently announced that the wage base for computing Social Security tax will increase to $160,200 for 2023 (up from $147,000 for 2022). Wages and self-employment income […]

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What do the 2023 Cost-of-Living Adjustments Mean for You?

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The IRS recently issued its 2023 cost-of-living adjustments for more than 60 tax provisions. With inflation up significantly this year, many amounts increased considerably over 2022 amounts. As you implement […]

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