Accounting Portal Articles

SBA Disaster Loan Applications

Disaster Loan FAQs COVID-19 ECONOMIC INJURY DISASTER LOAN APPLICATION All required documents listed in filing requirements must be returned. All forms requiring signature must be signed and dated. Incomplete applications will not be accepted....

Economic Impact Payments EIP Eligibility

A1. U.S. citizens and U.S. resident aliens will receive the Economic Impact Payment of $1,200 for individual or head of household filers, and $2,400 for married filing jointly if they are not a dependent...

Standard Mileage Rates for 2024 IRS

Beginning on Jan. 1, 2024, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 67 cents per mile driven for business use, up 1.5 cents...

IRS 2023-2024 Special Per Diem Rates

2023-2024 Special Per Diem Rates This annual notice provides the 2023-2024 special per diem rates for taxpayers touse in substantiating the amount of ordinary and necessary business expenses incurredwhile traveling away from home, specifically...

Standard Mileage Rates for 2023 IRS

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...

IRS Standard Mileage Rates 2022

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

2021 California Tax Calculator

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...

AccuWage Simplifies Wage Reporting to the SSA

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...

Chapter 7 Bankruptcy Explained: Requirements and Steps

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...

2020 Allowable Living Expenses National Standards

IRS’s National Standards for Allowable Living Expenses IRS Collection Financial Standards are intended for use in calculating repayment of delinquent taxes. National Standards have been established for five necessary expenses: food, housekeeping supplies, apparel...

Census Bureau Median Family Income By Family Size

For Cases Filed On or After April 1, 2021 The following table provides median family income data reproduced in a format designed for ease of use in completing Bankruptcy Forms 122A-1 and 122C-1. Check...