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Financial Updates

IRS Urges Taxpayers to Watch Out for Tax Avoidance Strategies

IRS Urges Taxpayers to Watch Out for Tax Avoidance Strategies In its annual Dirty Dozen list of tax scams, the IRS warns against four schemes targeting individuals and businesses seeking to avoid paying taxes by Read more…

Financial Updates

IRS Boosts Standard Mileage Rates for the Rest of 2022

IRS Boosts Standard Mileage Rates for the Rest of 2022 If you use the standard mileage rate for business use of your vehicle or reimburse based on business mileage driven, take note that effective July 1st, Read more…

Financial Updates

More Payments Received Through Common Payment Platforms Will be Reported to the IRS

More Payments Received Through Common Payment Platforms Will be Reported to the IRS Do you receive reimbursements or gifts from friends or family members or conduct business through payment platforms like Venmo or PayPal? You Read more…