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The Enhanced Business Meal Deduction                                         June 14, 2022
For 2021 and 2022 only, businesses can generally deduct the 100% cost of business-related food and beverages purchased from a restaurant......

IRS increases mileage rate for remainder of 2022                          June 09, 2022
The Internal Revenue Service today announced an increase in the optional standard mileage rate for the final 6 months of 2022.......

How long should I keep Records                                                        July 05, 2022
The length of time you should keep a document depends on the action, expense, or event which the document records......

Energy Efficient Home Improvement and Residential Clean Energy Property Credit             December 2022
                                                 
Fact Sheet of energy efficient home improvement and residential clean energy property credit effective 01/01/2023 and expired 01/01/2033

Clean Vehicle Credit can be worth up to $7,500                               January 11, 2023
The IRS announced proposed regulations in Notice 2023-1 and updated webpages containing general information about the EV and FCV ......

State of CA FTB tax relief for Disasters & one-time penalty abatement                                      January 31, 2023
A new tax law gives FTB authority to grant California individual taxpayers a one-time penalty abatement. To  request this penalty relief.....

IRS: May 15 tax deadline extended to Oct. 16 for disaster area taxpayers in  California...                  February 24, 2023
Disaster-area taxpayers in most of California and parts of Alabama and Georgia now have until Oct. 16, 2023, to file various federal individual  and business tax returns and make tax payments.....

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