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Tax Updates & Compliance
Cents-Per-Mile Rate for Business Miles Decreases Slightly for 2020
This year, the optional standard mileage rate used to calculate the deductible costs of operating an automobile for business decreased by one-half...
IRS Launches New Identity Theft Website
The IRS has launched "Identity Theft Central," a new website devoted to identity theft and data security for taxpayers, tax professionals, and...
Your Home Office Expenses May Be Tax Deductible
Technology has made it easier to work from home so lots of people now commute each morning to an office down the...
Wayfair Revisited — It’s Time to Review Your Sales Tax Obligations
In its 2018 decision in South Dakota v. Wayfair, the U.S. Supreme Court upheld South Dakota’s “economic nexus” statute, expanding the power...
2020 Q1 Tax Calendar: Key Deadlines for Businesses and Other Employers
Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2020. Keep in mind...
