The IRS has announced the 2023 cents-per-mile amounts that taxpayers can deduct for business, medical, and eligible moving purposes. Higher costs associated with driving have resulted in the business amount increasing from the second half of 2022. Read more >>
Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2023.
It is time to check that you have collected the necessary Forms W9 from your vendors. We encourage you to get your information to us as soon as possible. To ensure that your 1099s are able to be processed by the January 31 deadline, please provide your complete information no later than January 20, 2023. Forms submitted to the IRS after the January deadline may be subject to penalties.