News & Insights

IRS Increases Mileage Rate for Remainder of 2022

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Last week, the Internal Revenue Service announced an increase in the optional standard mileage rate for the final six months of 2022. For the final six months of 2022, the standard mileage […]

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Partners May Have To Report More Income On Tax Returns Than They Receive In Cash

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Are you a partner in a business? You may have come across a situation that’s puzzling. In a given year, you may be taxed on more partnership income than was […]

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Proposed Regs For Inherited IRAs Bring Unwelcome Surprises

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Back in late 2019, the first significant legislation addressing retirement savings since 2006 became law. The Setting Every Community Up for Retirement Enhancement (SECURE) Act has resulted in many changes […]

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The Specifics Of Tax Increment Financing

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Tax increment financing (TIF) started in the 1950s as an urban renewal strategy and is now one of the country’s most commonly used economic development tools. Municipalities use TIF districts […]

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The Effects of Implementing the New Lease Standard

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Does your business happen to lease warehouse space, equipment, or vehicles? Do you have service contracts, supply agreements, or contract manufacturing arrangements? If so, you and your company may be […]

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