Association Dues Are Fully Deductible
Members can claim the full amount of dues paid as an ordinary and necessary business expense.
Read moreMembers can claim the full amount of dues paid as an ordinary and necessary business expense.
Read moreThe IRS announced that standard mileage rate in 2023 will be 65.5 cents per mile, up from 62.5 cents per mile from last year.
Read moreOn Cyber Monday, the IRS kicked-off National Tax Security Awareness Week. The holiday season is in full swing – a prime opportunity for identity thieves to steal your personal financial info.
Read moreIRS has increased the standard business travel reimbursement rate to 62.5 cents per mile, up 4 cents from the rate of 58.5 cents that went into effect in January.
Read moreTaxpayers in 2022 can put an extra $1,000 into their 401(k) plans.
Read moreThe IRS is disallowing tax deductions on PPP expenses if a company “reasonably believes” that a loan may be forgiven.
Read moreIn cases in which a single employer has aggregated companies, if one company receives a PPP loan, all companies within the group are prohibited from claiming the employee retention credit.
Read moreThe new W-4 form is required for employees who receive their first check in 2020 and employees who want to change something on their Form W-4.
Read moreFor the Association’s most recently concluded fiscal year, the cost of membership dues are completely deductible.
Read moreIR-2019-215, December 31, 2019 WASHINGTON — The Internal Revenue Service has issued the 2020 optional standard mileage rates (PDF) used to calculate
Read moreNew employees must complete the new W-4 form in 2020, as will employees who wish to adjust their withholding.
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