January 2022

IRS MILEAGE RATE FOR 2022 The Internal Revenue Service has issued the 2022 standard mileage rate used by taxpayers claiming a mileage deduction for a vehicle they own or lease. For calendar year 2022, the mileage rate for using a vehicle for business purposes is increasing to 58.5 cents per mile driven. This is an […]

FORGIVENESS PROCESS FOR 1ST OR 2ND PPP LOANS If your business received either one or two PPP loans, it is important to know the deadline for applying for forgiveness for your loan. Luckily, the forgiveness timeline is the same for both the first and second rounds of PPP loans. Whether your business got one or […]