Tax Filing Tips for 2022
The IRS is encouraging taxpayers to make sure they’re well-informed about their tax situation as the filing deadline approaches. The key topics include special steps related to charitable contributions, economic …
New Employee Withholding Certificate Policy
Most states have a state income tax in addition to the federal income tax, and in some cases, certain localities have their own income taxes on top of those. Now …
Mileage Rates for 2022
The IRS has issued the 2022 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical, or moving purposes. Beginning on Jan. …
IRS Offers Guidance on ERC
The IRS has issued guidance for employers regarding the retroactive termination of the Employee Retention Credit. The Employee Retention Credit now applies only to wages paid before October 1, 2021, …
A Tax Checklist for Business Owners
The end of the year is a good time to clean up and catch up with paperwork. It is a time to make sure everything is in order for taxes …
Year-End Payroll and 1099 Reporting
We would like to extend a friendly reminder that Lang Allan & Company offers payroll services that include direct deposit of payroll checks, timely filing of payroll reports, payment of …