The New World of Bank Reconciliations

  The New World of Bank Reconciliations¬† March 18, 2021   In a nutshell, a bank reconciliation ensures your account is accurate. This is done by comparing all your activity with what the bank is reporting. The Importance of Timely Bank Reconciliations There...

IRS Identity Theft Program

  IRS Identity Theft Program¬† March 4, 2021   IP PIN Program Details The IRS’s IP PIN program is an additional layer of security to ensure your tax identity and withholdings are not stolen. When you register in the program, the IRS will mail you a...

IRS Identity Theft Season Begins Now

  IRS Identity Theft Season Begins Now February 16, 2021   Early Tax Filing Season is the Worst Time Your federal tax account at the IRS has plenty of money in it from all the taxes withheld from your paycheck during the course of the year. Until you file...

Be Prepared for These Pandemic Related Tax Surpises

  Be Prepared For These Pandemic-Related Tax Surprises February 1, 2021   Use these examples to prepare yourself for a potential tax surprise during the uncertainty caused by the ongoing pandemic. Taxes on Unemployment Income. If you received unemployment...

2021 Mileage Rates

  2021 Mileage Rates January 27, 2021   Mileage rates for travel are now set for 2021. The standard business mileage rate decreases by 1.5 cents to 56 cents per mile. The medical and moving mileage rates also decrease by 1 cent to 16 cents per mile....