Tax Resources for Accountants and Small Businesses (U.S.)
Standard mileage rates: According to the IRS, the standard mileage rates for the use of a car, van, pickup, or panel truck are as follows: 58.5 cents per mile for business miles driven (up...
Mileage Rate Changes Purpose Rates 1/1 through 6/30/2022 Rates 7/1 through 12/31/2022 Business 58.5 62.5 Medical/Moving 18 22 Charitable 14 14
California Child Support Calculator Manual – user guide California law requires courts to adhere to statewide uniform guidelines in setting child support orders. The Payment Estimator applies the statewide uniform guideline calculation to the...
AccuWage Online provides a user-friendly experience for testing wage reports before submitting your formatted wage file to the Social Security Administration (SSA). Accuwage can be used by companies to submit accurate data more...
For employers to comply with ERISA reporting requirements, they must understand what needs to be disclosed and when deadlines are set by the Department of Labor (DOL). This article will outline the fundamental...
“Uh-oh.” You say to yourself as you are shuffling through the daily mail—a notice from the Internal Revenue Service (IRS). You haven’t even opened the letter, but a blanket of fear drapes over you. ...
Bankruptcy Bankruptcy is never anyone’s first choice. But for those who find themselves in a difficult and un-workable financial situation declaring Chapter 7 bankruptcy may be the best long-term option. There are several types...
What documents are needed for employee expense reimbursements? Manage business expense records Do you know what documents you need from employees when you reimburse them for expenses? If you’re like most small business owners,...
Accounting uses different measures to gauge a company’s value and comply with legal requirements. One of the most important is book value. It is widely used internationally for varying purposes. This article explains what...
Operating Cash Flow Calculation Monitoring the financial situation of a company with transparent accounting is essential. The annual financial statement provides significant information for decision-making and strategic planning. Key financial indicators make it easier...
Did your phone number changed and can’t log in to your Paypal account? Are phone and Facebook support unavailable because of staff shortage? For example: I tried to reach them by phone and also...
Employees and employers can keep accurate records of hours on the job. The DOL-Timesheet App helps track regular work hours, break time, and overtime hours. The new version of the app also enhances the...
California payday notice poster Payday notice poster must specify the regular paydays and the time and place of payment. An employer-developed notice is permitted. Labor Code Labor Code section 207 states: Every employer shall keep...
Schedule C for Sole Proprietorship Use Schedule C (Form 1040) to report income or (loss) from a business you operated or a profession you practiced as a sole proprietor. An activity qualifies as a...
Minimum hourly rates for tipped workers in NYS Minimum hourly rates that employers must pay to tipped workers in 2021 are here New York State law allows employers in all industries other than building...
Recordkeeping under the FLSA Interactive Handy Reference Guide to the Fair Labor Standards Act Basic Wage Standards Wages required by the FLSA are due on the regular payday for the pay period covered. Deductions...
Minimum wages California is nationally known for having some of the most progressive laws in the country. Their minimum wage laws are no exception. California has one of the highest minimum wages as a...
Minimum wage NYS The federal minimum wage is $7.50/hour. But New York, like many other states, has higher minimum wage rates. Effective December 31, 2020, the minimum wage in New York state is at...
2021 California Income Tax Calulator Select your filing status Single Married/RDP filing jointly Married/RDP filing separately Head of Household Qualifying widow(er) with dependent child Enter line 19 of 2020 Form 540 or Form 540NR...
Form 540 California Resident Income Tax Return and other California State Individual Income Tax Forms and Instructions for 2021. 540 California Resident Income Tax Return Form 540 Form 540 Booklet 540 2EZ California Resident...
Schedule X Use if your filing status is Single or Married/RDP Filing Separately If the amount on Form 540, line 19 is Over – But not over – Enter on Form 540, line 31 $0...
