RogerRossmeisl

FEBRUARY 5, 2023

Although the national price of gas is a bit lower than it was a year ago, the optional standard mileage rate used to calculate the deductible cost of operating an automobile for business will be going up in 2023. The IRS recently announced that the 2023 cents-per-mile rate for the business use of a car, van, pickup or panel truck is 65.5 cents. These rates apply to electric and hybrid-electric automobiles, as well as gasoline and diesel-powered vehicles.

CPA 246

CPA business tax Tax 246

Insightful Accountant

FEBRUARY 5, 2023

If your clients are ready to pursue their dream by starting a business, here are some helpful tips you can offer to point them in the right direction.

101

101

RogerRossmeisl

FEBRUARY 5, 2023

On 2/3/2023, the IRS issued Notice 2023-16 guidance that modifies the definitions of certain vehicle classifications for the new, previously owned and qualified commercial clean vehicle tax credits. As a result of this notice, the IRS updated the related frequently asked questions for these credits which can be found on IRS Fact Sheet 2023-4 here: IRS Fact Sheet 2023-04 (This is Blog Post #1340) The post IRS Issues Guidance and FAQ Updates Related to the Clean Vehicle Tax Credits appeared first

Tax 246

Tax CPA cpa firm business tax 246

Xero

FEBRUARY 5, 2023

Amid stubborn global inflation, tightening monetary policy and ongoing energy and supply chain impacts, it’s important for small businesses to look at how they’re managing their cash flow. Cash flow is king again and freeing up cash could be the difference for many in the year ahead. It’s likely many small businesses have a lot of capital tied up in receivables and inventory that they could turn into cash, something Waddle , a Xero company, and Commonwealth Bank of Australia (CommBank) are sol

accounting and finance 101

accounting and finance Finance Management Consulting Start-ups 101

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

Account

RogerRossmeisl

FEBRUARY 5, 2023

A new law was recently signed that will help Americans save more for retirement, although many of the provisions don’t kick in for a few years. The Setting Every Community Up for Retirement Enhancement 2.0 Act (SECURE 2.0) was signed into law on December 29, 2022. SECURE 2.0 is meant to build on the original SECURE Act of 2019, which made major changes to the required minimum distribution (RMD) rules and other retirement provisions.

CPA 240

CPA Start-ups Tax 240

Insightful Accountant

FEBRUARY 5, 2023

Murph begins a two-part look at the tools available in the QuickBooks Desktop Accountant Versions for troubleshooting inventory.

quickbooks 64

quickbooks Account accounted accountant 64

Menzies

FEBRUARY 5, 2023

Menzies LLP - A leading chartered accountancy firm. Menzies advised beer and real ale specialists Citra Partners, alongside an investor consortium, on their investment in award-winning brewery, Woodforde’s, providing financial due diligence and transaction support advice. “Menzies were critical in the successful acquisition of the Woodforde’s brewery by ensuring that we fully understood the underlying financial performance of the Brewery to underpin our investment case.

chartered accountant 52

chartered accountant accounting and finance accounting firms Finance 52