by briesterer@thinkvisionary.com | Feb 1, 2022 | Business, Individuals, Newsletter
If you’ve gathered your tax documents and are ready to tackle your tax return, there’s one more step you should take: becoming familiar with what’s new on the 2021 Form 1040. While the format of Form 1040 and its schedules remain similar to 2020,...
by briesterer@thinkvisionary.com | Jan 10, 2022 | Business, Individuals, Newsletter
Standard Mileage Rates for 2022 Starting January 1, 2022, the standard mileage rates for the use of a car, van, pickup, or panel truck are as follows: 58.5 cents per mile driven for business use, up 2.5 cents from the rate for 2021 18 cents per mile driven for medical...
by briesterer@thinkvisionary.com | Jan 6, 2022 | Business, Individuals, Newsletter
Important Tax Changes for Individuals and Businesses 2022 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...
by briesterer@thinkvisionary.com | Jan 5, 2022 | Business, Individuals, Newsletter
Getting Ready for the 2022 Tax Filing Season Filing your tax return promises to be just as complicated as always – especially if you received stimulus payments or advance child tax credit payments. However, there are steps that taxpayers can take right now to...
by briesterer@thinkvisionary.com | Dec 6, 2021 | Business, COVID-19, Newsletter
Tax Credit for Hiring Long-Term Unemployed Workers With many businesses facing a tight job market, employers should know about a valuable tax credit available to them for hiring long-term unemployment recipients and other groups of workers facing significant barriers...
by briesterer@thinkvisionary.com | Dec 3, 2021 | Business, COVID-19, Individuals, Newsletter
Highlights of the Infrastructure Investment and Jobs Act While the recently passed Infrastructure Investment and Jobs Act primarily addresses infrastructure-related issues, it includes several tax provisions affecting individuals and small business taxpayers....