by Innov8ive Marketing | Oct 11, 2022 | Uncategorized
The Essential Guide to Electric Vehicle Tax Law Updates Are you thinking of buying an electric vehicle or a plug-in hybrid and taking advantage of the Electric Vehicle Tax Law Changes? If so, you have much to consider—thanks to the newlyenacted Inflation Reduction Act...
by Innov8ive Marketing | Oct 3, 2022 | Uncategorized
The Benefits of the Updated 62.5 Cents Mileage Rate Due to rising gas prices, the Internal Revenue Service (IRS) announced an increase in the standard mileage rate for business travel. As a result, small businesses that make use of the standard mile rates can deduct...
by Innov8ive Marketing | Sep 26, 2022 | Uncategorized
IRS declared independent contractors as employees: Can Section 530 help? Are you going through an IRS audit? Though we know that is bad but what happens if the IRS declares that many of your 1099 independent contractors are W-2 employees, now what? Safe-harbor...
by Innov8ive Marketing | Sep 18, 2022 | Uncategorized
Understanding the IRS’s Approach to Cryptocurrency The IRS wants to know of any bitcoins or other cryptocurrencies you have. It will appear at the top of the first page of your Form 1040, below your address and name. The IRS wants to monitor crypto purchases and...
by Innov8ive Marketing | Sep 12, 2022 | Uncategorized
Case Study: Avoid common mistakes as a new business startup Starting a new business can be an exciting and challenging experience. There are many things to consider when launching a new venture and making mistakes can be costly. There will be a lot we will be...
