Historical Mileage Rates
IRS Standard Mileage Rates by Year Year Business Medical / Moving Charitable 2026 72.5¢ 20.5¢ 14¢ 2025 70¢ 21¢ 14¢ 2024 67¢ 21¢ 14¢ 2023 65.5¢ 22¢ 14¢ 2022 58.5–62.5¢ 18–22¢ 14¢ 2021 56¢...
AccuWage Online is a free internet application offered by the Social Security Administration (SSA) that enables employers and authorized agents to test wage report files before submitting them electronically to the SSA. The tool...
IRS Standard Mileage Rates by Year Year Business Medical / Moving Charitable 2026 72.5¢ 20.5¢ 14¢ 2025 70¢ 21¢ 14¢ 2024 67¢ 21¢ 14¢ 2023 65.5¢ 22¢ 14¢ 2022 58.5–62.5¢ 18–22¢ 14¢ 2021 56¢...
Federal tax law provides several tax benefits that may reduce the cost of higher education for eligible taxpayers during the 2025 tax year. The Internal Revenue Service summarizes these provisions in its official guidance...
In the 112th U.S. Congress, the Mobile Workforce State Income Tax Simplification Act of 2011 (H.R. 1864) was introduced to address state income tax rules affecting employees who work in more than one state....
Delaware law requires door-to-door salespersons to carry and display an official identification card while soliciting sales at a residence. This requirement is established under the Home Solicitation Sales Act in Title 6, Chapter 44 of...
Backup withholding is a federal tax withholding requirement that may apply to certain “reportable payments” when specific conditions are met. In most cases, backup withholding applies to payments that are reported on Forms 1099...
Continuing education (CE) is essential for tax professionals who want to stay current with federal tax law changes, IRS procedures, and professional standards. Many tax credentials and IRS programs require ongoing education in order...
IRS Publication 1281 explains how backup withholding works when a payee’s name or Taxpayer Identification Number (TIN) is missing or does not match IRS records. The publication provides guidance for payers who file information...
The IRS may assess penalties when required tax returns are filed late or when taxes owed aren’t paid by the deadline. Failure to File Penalty The Failure to File penalty generally applies when a...
Corporations subject to New York State franchise tax under Article 9-A must determine whether certain assets qualify as investment capital for tax reporting purposes. Article 9-A applies to general business corporations doing business, employing...
Accounting software forms the foundation of modern financial management for businesses of all sizes. Today’s solutions go beyond basic bookkeeping, offering cloud-based access, automation, real-time reporting, and integrations with payroll, banking, and tax workflows.Below...
Free accounting software allows small businesses in the United States to manage basic bookkeeping tasks without paying monthly subscription fees. These tools are especially useful for startups, freelancers, and micro-businesses that need to track...
Good accounting is critical to running a business. But business owners and accountants often need to balance a large volume of information across bank accounts, invoices, expenses, and reporting periods. That is why many...
Online invoicing software enables businesses to create, send, and manage invoices electronically while tracking payments and improving cash flow. These tools are widely used by freelancers, service providers, and small businesses that want to...
Professional tax software is designed for accountants and tax preparers who prepare federal and state tax returns for multiple clients. Unlike consumer tax products, professional solutions are built to support broader form coverage, multi-user...
Payroll software plays a central role in managing employee compensation, tax compliance, and payroll reporting for U.S. businesses. Modern payroll platforms are built to streamline wage calculations and direct deposits, while also supporting federal,...
When applying for the Uniform CPA Examination, candidates may be asked for a Jurisdiction Identification Number (Jurisdiction ID). This is a unique identifier issued by the jurisdiction (state board or equivalent) where you apply...
Preparing for the Uniform CPA Examination in 2025–2026 requires an understanding of both the official exam framework and the available CPA exam review providers. Since the launch of the CPA Evolution model, candidates should...
The IRS Tangible Property Regulations provide the primary federal guidance for determining whether costs related to tangible property must be capitalized or may be deducted as current expenses. These final regulations, issued under Treasury...
The 3.8% Net Investment Income Tax (NIIT) remains an important consideration for high-income individuals, estates, and trusts in the 2025/2026 tax year. Originally introduced as part of the Affordable Care Act, this surtax continues...
The CalSavers Retirement Savings Program is California’s state-facilitated retirement savings program designed to expand access to retirement saving for private-sector employees who do not have an employer-sponsored retirement plan. The program enables eligible workers...