A little more help for those impacted by soaring inflation... To reflect the increase in gasoline prices in 2022, the IRS announced an increase in the standard mileage rate starting July 1, 2022. For the period July 1, 2022 through December 31, 2022, the updated mileage rate is 62.5 cents per … [Read more...] about Mid-Year Standard Mileage Rate Increase
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New! Spring 2022 Issue of our Small Business Newsletter
Our latest and greatest newsletter full of important information and helpful tips including how to fight inflation, an update on the NYS Pass-Through Entity Tax and much more. Download a PDF of our newsletter here. … [Read more...] about New! Spring 2022 Issue of our Small Business Newsletter
Webinar Rewind: Managing Sales Tax Audits and Compliance
Couldn't attend our June 2022 webinar on Managing Sales Tax Audits and Compliance? You can still watch it, download the slides and obtain the handout of sample documents that attendees of the live webinar were provided. In this webinar, State & Local Tax Partner Tom Mazurek, CPA, discusses … [Read more...] about Webinar Rewind: Managing Sales Tax Audits and Compliance
Webinar: Savings Through Sales Tax Utility Studies
Did you know that utilities such as electricity and natural gas used by New York manufacturers during the production process are not subject to sales or use tax? A utility tax refund study could identify whether your manufacturing business has inadvertently paid tax on utilities used in the … [Read more...] about Webinar: Savings Through Sales Tax Utility Studies
Webinar: Expanding Through Acquisition
Last month, our partner, Mark A. Ferm, CPA, presented "Expanding Through Acquisition," a webinar designed to assist businesses looking to grow via acquiring another business. To listen to a recording of his webinar packed with valuable information and tips, visit our YouTube page. View the … [Read more...] about Webinar: Expanding Through Acquisition
New Webinar: Sales Tax Utility Studies & Savings
Electricity and natural gas used in the production process by manufacturers in New York State are not subject to sales or use tax, which can add money to the bottom line. Sounds simple enough; but calculating the amount of exempt energy used in the production process can be complicated, requiring … [Read more...] about New Webinar: Sales Tax Utility Studies & Savings