by Jackie | Dec 30, 2022 | Uncategorized
Starting Jan. 1, 2023, the mileage rates for use of a personal vehicle such as a car, van, pickup or panel truck will be: 65.5 cents per mile for business use; 22 cents per mile for medical or moving purposes for qualified active-duty members of the Armed Forces; 14...
by Jackie | Dec 29, 2022 | Uncategorized
On Friday, 12/23/22, the Internal Revenue Service postponed the introduction of a $600 threshold for filing a Form 1099-K, to report on transactions involving services such as: eBay, PayPal, Venmo, Etsy and third-party settlement organizations, which was scheduled to...
by Jackie | Dec 29, 2022 | Uncategorized
THE IRS ACHIEVES A 90% CONVICTION RATE, OR: “WHY YOU SHOULDN’T CHEAT ON YOUR TAXES” There’s an old saying that reminds us that there are only two certainties in this life: “death, and taxes.” Whoever coined that phrase...
by Jackie | Dec 28, 2022 | Uncategorized
Article Highlights: Rough Year for the Stock Market Year End Approaching Annual Capital Losses Are Limited Be Aware of Wash Sale Rules Off-Set Short-Term Gains with Long-Term Capital Losses Planning for Zero Tax on Long-Term Capital Gains Converting a Traditional IRA...
by Jackie | Dec 23, 2022 | Uncategorized
Over the last decade, in particular, the definition of the term “career” has changed. Rather than being employed by a single entity for which you receive a W2 at the end of the year, many are now participating in the “gig economy” in a variety...
