Accounting Portal Articles

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...

Federal Register

Federal Register Main page Browse Topics Simple Document Search Advanced Search Federalregister.gov website

New York State WARN Act

The WARN Act applies to private businesses with 50 or more full time workers in New York State. It covers: Closings affecting 25 or more workers Mass layoffs involving 25 or more full-time workers...

Tax Withholding Assistant (Excel)

Excel form will help small employers calculate the amount of federal income tax to withhold from their employees’ wages and help you as you transition to the new Form W-4 for 2020. Link to...

Calculating Book Value with Ease

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...

Understanding Operating Cash Flow Calculation

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...