Tax Talk

2026 IRS Mileage Rates

The 2026 Mileage Rates [Caution: check back around Christmas. This is subject to change]. Beginning on Jan. 1, 2026, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:• 70 cents per mile for business miles driven.• 21 cents per mile driven for medical or moving purposes.• […]

Posted in Business Tax Tips, CPA in Harrodsburg, KY, CPA near Danville, KY, Individual Tax Tips, IRS Updates Tagged CONOVER & CONOVER, CPAs, PSC, CPAs, mileage rate, PSC, Recordkeeping, Small Business Taxes Leave a comment

2025 IRS Mileage Rates

The 2025 Mileage Rates Need rates for earlier years?  Click here. Beginning on Jan. 1, 2025 the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:• 70 cents per mile for business miles driven.• 21 cents per mile driven for medical or moving purposes.• 14 cents per […]

Posted in Business Tax Tips, CPA in Harrodsburg, KY, CPA near Danville, KY, Individual Tax Tips, IRS Updates Tagged CONOVER & CONOVER, CPAs, PSC, CPAs, mileage rate, PSC, Recordkeeping, Small Business Taxes Leave a comment

January open hours and adverse weather, featuring Tax-Zoom

Now offering Tax-Zoom Conover & Conover CPAs, PSC will be offering numerous ways to safely get your 2025 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 […]

Posted in Company News, CPA in Harrodsburg, KY Tagged CONOVER & CONOVER, CPAs, PSC, CPAs, Danville, Harrodsburg, income taxes, PSC Leave a comment

7 things you need to know if you are opening your new business in Harrodsburg, Danville, Nicholasville or Lexington.

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 […]

Posted in Business Tax Tips, CPA in Harrodsburg, KY, CPA near Danville, KY, CPA near Lexington, KY, Tax Tips Tagged CONOVER & CONOVER, CPAs, PSC, corporation, CPAs, Danville, Employers, Harrodsburg, Kentucky, Lexington, LLC, Local Tax, new business, PSC, Recordkeeping, Small Business Taxes, W-2 Leave a comment

Is your W-2 correct?

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 […]

Posted in CPA near Danville, KY, CPA near Lexington, KY, Individual Tax Tips, Tax Tips Tagged CONOVER & CONOVER, CPAs, PSC, CPAs, Harrodsburg, income taxes, PSC, W-2 Leave a comment

Open 23/7/365: In honor of my dad

Question:  I often see you use the phrase:  Open 23/7/365.  Shouldn’t that be 24/7/365? Answer:  No, that is not a typo.  I use that phrase in honor of my dad. My dad, Boyd Collett, spent well over a decade of his life under ground in the coal mines.  In the late 1950’s he started his own […]

Posted in Company News Tagged CONOVER & CONOVER, CPAs, PSC 1 Comment

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