Higher Contribution Limits Will Apply for FSAs and HSAs in 2022
Many taxpayers will be able to contribute more money to workplace cafeteria plans and other tax-advantaged accounts in 2022. Accounts that will have higher contribution limits in 2022 include medical flexible spending arrangements (FSAs) and ...
IRS Announces Standard Mileage Rates for 2022
The IRS has released the 2022 standard mileage rates for vehicle uses that qualify for a tax deduction. These rates apply for most passenger vehicles, including cars, vans, SUVs and pickup trucks. Here are the ...
Upcoming Tax Deadlines
January
Day
10
Employees Who Work for Tips - If you received $20 or more in tips during December, you must report them to your employer (employees are required to keep a daily record of tips). All tips ...