by simplytaxinc | Jul 28, 2022 | Uncategorized
The IRS has increased mileage rates effective July 1, 2022. Rate per Mile July 1, 2022 thru Dec 31, 2022 Jan 1, 2022 thru Jun 30, 2022 Business 62.5 cents 58.5 cents Medical 22 cents 18 cents Charitable 14 cents 14 cents What this means for you: As always, you should...
by simplytaxinc | Jan 24, 2022 | Uncategorized
The IRS has issued new mileage rates for 2022. 58.5 cents per mile for business 18 cents per mile for medical 14 cents per mile for charitable purposes Read more about it here:...
by simplytaxinc | Jun 29, 2021 | Uncategorized
For those taxpayers that would like to opt out of the Advanced Child Tax Credit payments. The website to do so is below. Please consider how receiving or not receiving these payments in advance can affect your tax return. Receiving a credit as an advance payment can...
by simplytaxinc | Jan 8, 2021 | Uncategorized
The IRS has issued new mileage rates for 2021. 56 cents per mile for business 16 cents per mile for medical 14 cents per mile for charitable purposes Read more about it...
by simplytaxinc | Jan 8, 2021 | Uncategorized
The 2020 tax season is right around the corner. We will be available to meet with clients in person, or via Zoom. Please call our office if you are interested in using our services for tax preparation.
