Personal Taxes

The IRS business mileage rate increased to 76 cents per mile, effective July 1, 2026. For anyone who drives a personal vehicle for business, that small-sounding change can affect reimbursements, tax records, job costing, invoices, and year-end deductions. The key detail is the effective date. Business miles driven before July 1, 2026 should be treated separately from business miles driven on or after July 1, 2026. Mixing them together can create messy records later, especiall

Struggling with tax debts is more common than you might think. If you find yourself saying, "I owe the IRS," you may feel stunned and...

Have you received a 1099-C Cancelation of Debt? If so, then I hate to tell you this might have to be included in your taxable income. A...

You might be wondering why you have to pay self-employment tax. This is a result of having a sole proprietorship, single member LLC...