1040 Tax and Accounting Services

07/14/2026

The IRS standard business mileage rate for the second half of 2026 is 76 cents per mile (effective July 1, 2026). For the first half of the year, the business rate was 72.5 cents per mile

04/04/2026

03/15/2026

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Are you an employer with questions about the Paid Family and Medical Leave Program? Here is a free seminar to learn more.

Maine PFML staff will facilitate the webinar and provide an overview of key components of the law, including eligibility requirements, wage replacement rates, and employer and employee responsibilities. Mr. Parson and Ms. Brydon will help employers prepare for the May 1 benefit start date. Following...

01/23/2026

Have questions about the Overtime Deduction? This might help. https://www.irs.gov/newsroom/questions-and-answers-about-the-new-deduction-for-qualified-overtime-compensation?fbclid=IwY2xjawPgw1BleHRuA2FlbQIxMQBzcnRjBmFwcF9pZBAyMjIwMzkxNzg4MjAwODkyAAEeD9mXvjy9q_iE2TnWF__hC65FFozR5HG2MA3_81ZQynD9UNxDsgD0pJ86NM8_aem_pK8j1v0MXc7HzuIjvggkLw

FS-2026-01, January 2026 — This Fact Sheet provides answers to frequently asked questions about the new deduction for qualified overtime compensation, such as who may be eligible to claim the deduction, including federal employees, and where to find supplemental information on eligibility and othe...