QBO Payroll Tip

QBO Payroll Tip

For those businesses who utilize Intuit’s QuickBooks Online (QBO) Payroll, please be aware Intuit charges ‘per employee’ in your payroll subscription for all active employees. If you have temporary or holiday workers on your payroll, we recommend marking them as ‘Not...
ROTH Conversions

ROTH Conversions

Are you concerned with retirement and the taxation of your retirement funds? Now may be the time to utilize the declined stock market as a tax planning opportunity. As an overview, you can either have a traditional IRA or a Roth IRA. Traditional IRA contributions...
Mileage Rate Update

Mileage Rate Update

In an attempt to help taxpayers and businesses, the IRS announced an increase to the standard mileage rate for business travel from 62.5 to 65.5 cents per mile.  The new rate went into effect on January 1, 2023.  The medical mileage rate will remain the same at 22...