Restaurant Meals 100% Deductible
This rule applies to meal expenses only in 2021 and 2022.
2021 HSA Limits
It's time to update your HSA contributions for next year.
Looking Ahead... 2021 Tax Numbers
The next year is just around the corner. These numbers will come in helpful for 2021 tax planning and for making changes to federal tax withholding and estimates.
Letter from The White House
Hopefully you didn't throw out that letter you received from the White House! Truly! It's actually an official notice.
Looking Ahead... 2020 Tax Numbers
While you're working on your 2019 tax return, it's a good time of year to peek at next year's 2020 numbers of interest.
Self-employed? Traveling?
I heard about the standard meal allowance rate. What is it? Does it apply to a self-employed individual?
Finding Mr. or Ms. Right (To Do Your Taxes)
Mr. Search is looking for a tax preparer. When he asked his friends and business connections for recommendations, they suggested….
2020 Standard Mileage Rates
On December 31, 2019, the IRS announced 2020 Standard Mileage Rates.
Holiday Gift Cards
Gift cards, gift coupons, and gift certificates are considered cash or cash equivalents.
2019 Annual Inflation Adjustments
Here are some 2019 tax numbers that may be of interest.
Household Employer. Really?
If you hire someone (who is not an independent business) to work for you in your home, you may have made yourself a Household Employer.
2019 Standard Mileage Rates
On December 14, 2018, the IRS announced 2019 Standard Mileages Rates.
Coverdell and 529 Plans
Here’s a bird’s eye view of two options: Coverdell and 529 Plans.
Tax Deduction for Your Business
As a business owner, you were probably introduced to the QBI deduction on your 2018 tax return. You may have been pleasantly surprised or sadly disappointed, depending on your total income and entity status.