Southwood Randle CPAs Inc

IRS issued standard mileage rates for 2022→58.5 cents per mile driven for business use. The optional standard mileage rates are used to calculate the deductible costs of operating a car for business, charitable, medical or moving purposes.

To learn more, click here: https://go.usa.gov/xetnV

Tax season 39 is officially in the books! See you next year!!

Every little bit helps...

IRS Announces Higher 2019 Retirement Plan Contribution Limits For 401(k)s And More

You can still deduct a client's meal on a night out, IRS says The Internal Revenue Service is giving businesses a tax break they thought they had lost in the tax overhaul last year — write-offs for wining and dining clients.

Not to worry, we've got you covered..

Ah, accounting humor!

Tax season #32 is here.....bring it on!