Mosaic Tax Advisers

Vast changes in tax code are currently scheduled for the end of 2025. Here are tips to to save in taxes before the expiration of the laws.

Take Advantage before Changes Occur - Plan now for tax changes coming at the end of 2025 Vast changes in tax code are currently scheduled for the end of 2025. Here are tips to to save in taxes before the expiration of the laws.

What do you do if you get selected for an IRS audit? With our latest tax tip, you can see inside the mind of the IRS and be prepared.

Seeing Inside the Mind of the IRS - Using the IRS Audit Technique Guidelines (ATGs) If you face an audit, it's worth reviewing the IRS's Audit Techniques Guides published on the IRS website. These are guides that instruct auditors how to handle tax issues for many different business fields,

Don't let this tax season get you down. Let's plan for a better outcome next year. Checkout these tips and give us a call to get started. 281-624-6969

Tax Planning Triggers - When to know to conduct a tax review There is still time left in the year to impact your tax obligation, but only if you act soon. Here are some key triggers that mean a planning session might be in order.

Some audits are unavoidable, but many are by being thorough and prepared WHEN you file your tax return. Here are some suggestions.
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New rules for deducting mortgage interest are causing confusion and adding additional documentation. It's more important than ever to understand the numbers on your tax forms.
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Your Business Tax Return is Due! Click here for more details.

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One of the most frustrating things during tax season for taxpayers AND professionals alike, is delays in filing your return. Here are the most common causes for delays.
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File this new federal report or pay the fine. Read Below.

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2024 Mileage Rates are Here!
New mileage rates announced by the IRS

Mileage rates for travel are now set for 2024. The standard business mileage rate increases by 1.5 cents to 67 cents per mile. The medical and moving mileage rates are now 21 cents per mile. Charitable mileage rates remain unchanged at 14 cents per mile.

To note:
*These rates apply to gas, electric, hybrid-electric and diesel-powered vehicles.

*You cannot claim mileage as an itemized deduction as an employee that is not reimbursed for travel expense.

*Mileage deduction for moving expense is not allowed unless you are an active member of the Armed Forces and are ordered to move to a new permanent duty station.

Remember to properly document your mileage to receive full credit for your miles driven.

Reminder: Q4 estimated tax payment is due Tuesday, January 16, 2023.

Reminder: Fourth Quarter Estimated Taxes Now Due - Now is the time to make your estimated tax payment Plan now to make your 4th quarter estimated tax payment.

Happy new year! Here are some tax ideas to get you started right.

Great Tax Tips to Start the New Year - yes, really some tax tips The holiday season is over and the new year is upon us. Why not consider starting the year with some tax smart ideas.