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IRS increases mileage rate for remainder of 2022 to 62.5 cents per mile

by Michael Hogberg EA | Jun 9, 2022 | Tax Reminders

June 9, 2022 The Internal Revenue Service today announced an increase in the optional standard mileage rate for the final 6 months of 2022. Taxpayers may use the optional standard mileage rates to calculate the deductible costs of operating an automobile for business...

Las Vegas Tax Preparer Pleads Guilty to Identity Theft and Money Laundering Crimes

by Michael Hogberg EA | Jun 9, 2022 | Enforcement Updates

Thursday, June 9, 2022 Previously Pleaded Guilty to Filing False Tax Returns for Clients and Impersonating FBI Agent A Nevada man pleaded guilty yesterday to aggravated identity theft, wire fraud and money laundering. On March 28, he pleaded guilty to a separate...

Mississippi Tax Preparer Pleads Guilty to Helping Clients File False Tax Returns

by Michael Hogberg EA | Jun 9, 2022 | Enforcement Updates

Thursday, June 9, 2022 A Gulfport, Mississippi, man pleaded guilty today to preparing false federal tax returns for clients. According to court documents and statements made in court, Orland Reed worked at a Gulfport tax return preparation business. Between 2012 and...

Detroit Tax Preparer Pleads Guilty in False Return Scheme

by Michael Hogberg EA | Jun 9, 2022 | Enforcement Updates

Thursday, June 9, 2022 A Michigan return preparer pleaded guilty today to preparing a false tax return for a client. According to court documents, Daneilla Allen co-owned All Star Tax Services, a return preparation business with locations in Michigan and Ohio. As part...

Colorado: 2022 Transition to Destination Sourcing

by Michael Hogberg EA | Jun 8, 2022 | State Tax

Sales tax collection for the State of Colorado changed in 2019. At that time, exceptions to destination sourcing were given to small businesses. Destination sourcing means that sales tax is calculated based on the address where the taxable product or service is...
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The information provided on this website is for general informational purposes only and should not be construed as legal, tax, accounting, or professional advice. Every individual’s tax situation is unique, and you should consult with a qualified tax professional before making any decisions based on the information provided on this site. While we strive to ensure that the information presented is accurate and up-to-date, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability of the information, products, or services on this website. Any reliance you place on such information is therefore strictly at your own risk. We are not responsible for any errors or omissions, or for the results obtained from the use of this information. For personalized advice and consultation, please schedule an appointment with one of our qualified tax professionals.

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