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New Lease Accounting Standard: What does a private company need to know?

Changes to the accounting standards, ASC 840 to ASC 842, will be changing the way leases are presented on the financial statements. Read more by clicking above.

By |2022-12-01T12:38:21-05:00December 1st, 2022|Articles, Business Taxation, Manufacturing, misc, Not For Profit|0 Comments

IRS Announces Standard Mileage Rate Increase Beginning July 1, 2022

Due to the recent surge in gasoline prices, the Internal Revenue Service (IRS) has revised the optional standard mileage rate, increasing it by 4 cents for the remainder of 2022. Click above to learn more.

Qualified Plug-In Electric Motor Vehicle Credit

Investing in an electric vehicle can be an effective way to reduce the environmental impact of gasoline emissions and cope with rising gas prices. IRC ยง30D provides a credit for qualified plug-in electric motor vehicles. Click above to learn more.

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