The IRS announced an increase in the standard mileage rates for the rest of the year. Beginning July 1, 2022, the rates are 62.5 cents per mile for business use of an automobile and 22 cents per mile for costs of using an automobile as a medical or moving expense. (IR 2022-124, 6/9/2022; Ann 2022-13, 2022-26 IRB) Read the full posting on...
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Johnson, Mackowiak & Associates, LLP (JMA) Partners Dave Mackowiak and Denise Veloski, are pleased to announce that Linda J. Harris, CPA has joined the firm as partner. At JMA, Ms. Harris will focus primarily on the tax aspects of the practice, which includes overseeing tax preparation and consultations regarding individuals, estates, corporations and...
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It’s been in the headlines, the spike in fraudulent unemployment insurance claims complaints related to the COVID-19 pandemic. Here is an important notice, shared courtesy of local managed IT support services company,...
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JMA will be closed for holidays on the following dates in 2021: New Year’s Day, Friday, January 1, 2021Day After Tax Season, Friday, April 16, 2021Memorial Day, Monday, May 31, 2021Independence Day, Monday, July 5, 2021Labor Day, Monday, September 6, 2021Columbus Day/Indigenous Peoples’ Day, Monday, October 11, 2021Thanksgiving Holiday, Thursday, November 25...
Read MoreJMA is proud to announce that Johnathan Perry has become an IRS Enrolled Agent, which allows him the privilege of representing taxpayers before the Internal Revenue Service. To earn this elite status, Perry passed a three-part comprehensive IRS test covering individual and business tax returns. Being an IRS Enrolled Agent means Perry is unrestricted as to which...
Read MoreRight about now we are all thinking about filing our 2019 taxes. It’s important to remember though, that the new tax year begins on January 1st and you should be aware of what the new tax year brings. Certain deductions stayed the same, but standard deductions, income thresholds for tax brackets, certain tax credits, and retirement savings limits increased. To...
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