The 2022 Mileage Rates ******************************** Need rates for earlier years? Click here. Beginning on Jan. 1, 2022, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:• 58.5 cents per mile for business miles driven.• 18 cents per mile driven for medical or moving purposes.• 14 cents […]
Now offering Tax-Zoom Conover & Conover CPAs, PSC will be offering numerous ways to safely get your 2021 taxes prepared, including Tax-Zoom, our contact free method of preparing taxes. To learn more about our safe, effective and time-shaving method, email us at ConoverCPA@gmail.com or give us a call at 859-734-0304. We will be in the East Street […]
If you plan to start a new business, or you’ve just opened your doors, it is important for you to know your federal, state and local tax responsibilities. The IRS has provided five tips in its Tax Tip. We’ve added two at the end. Tax Tips if You’re Starting a Business Here are five basic […]
The Kentucky Secretary of State Annual Report is due June 30 of each year. Entities conducting business in the Commonwealth of Kentucky are required to file annual reports with the Secretary of State by June 30 of each year. Reports can be filed online at SOS.KY.gov. Scroll all the way down to the bottom. Then […]
This is no longer rare and it is no longer limited just to individuals. We are putting together 1. a check list of things to do if you are a victim of tax return identity theft, AND 2. a check list of things to do to keep from being a victim. Contact us if you […]
Employers are already working frantically to get out timely and accurate W-2s. Congress has changed the law requiring W-2s to be filed on or before January 31. You can expect your W-2 on or before January 31. However, this law change could result in little time to find errors. What you should do: 1. Immediately […]
************************************************ See the IRS mileage rate table below: Note: Mileage logs must be maintained for all business vehicles and/or for all business miles regardless as to whether you claim the standard mileage rate or your actual expenses. Taxpayers always have the option of calculating the actual costs of using their vehicle rather than using the […]
Conover & Conover, CPAs, PSC, is offering free dependent returns when the parent or guardian’s return is prepared by us. Please call to see if your dependents will qualify. Depending on the number of dependents, this could result in savings up to $150. Restrictions apply. Please ask for details.
I often hear adults say. “I don’t have time for a flu shot.” or “The flu shot makes me feel bad.” But did you know that if you get a flu shot, you protect others around you from getting the flu? If you don’t bring the flu home, they’ll be less likely to be exposed […]
Employers, Requirements and voluntary reporting At the time of this writing, those of us who will have less than 250 W-2s this year are not YET required to report health care costs on the W-2s. Those employers with 250 or more W-2s are required to report it. However, nothing in this prevents employers from voluntarily […]