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The Right Accounting Method for Your Business

by Admin | Jul 7, 2022 | Business Taxes, Entrepreneurial

Every small business — whether a respected local mom-and-pop retailer, a startup tech company, or an online venture — has accounting and bookkeeping responsibilities, including selecting the accounting method that works best for them.  If you’re new to small...

Is Your Will or Trust Up to Date?

by Admin | Jul 5, 2022 | Individual Taxes, Retirement, Tax Planning

When was the last time you or your attorney reviewed or updated your will or trust? If it was some time ago before the passage of substantial tax law changes over the past few years, your documents may be out of date. Among the many changes was a substantial revision...

IRS Announces Mid-Year Optional Vehicle Mileage Rate Increase

by Admin | Jul 1, 2022 | Business Taxes, Entrepreneurial, Individual Taxes, Tax Planning

With gas prices soaring it has been expected the IRS would increase the mileage rate that business owners can deduct for vehicle use instead of keeping a record of actual expenses. Sure enough, the IRS recently announced a 4-cent increase in the optional mileage rate...
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