by David Wittwer | Apr 15, 2021 | Assurance, Local Government, Tax
The Governmental Accounting Standards Board (GASB) issued GASB Statement No. 95, Postponement of the Effective Dates of Certain Authoritative Guidance, in May 2020. This Statement provides temporary relief to governments in light of the COVID-19 pandemic by postponing...
by HintonBurdick | Dec 1, 2020 | News
Here’s what business owners need to know about tax changes for 2020. Standard Mileage Rates The standard mileage rate in 2020 is 57.5 cents per business mile driven. Health Care Tax Credit for Small Businesses Small business employers who pay at least half the...
by HintonBurdick | Jan 2, 2020 | News
Every year, it’s a sure bet that there will be changes to current tax law and this year is no different. From standard deductions to health savings accounts and tax rate schedules, here’s a checklist of tax changes to help you plan the year ahead....