The Tax Deductible Mileage Rate for Business Driving Increases for 2023

The IRS has announced the 2023 optional standard mileage rates used to calculate the deductible costs of operating a vehicle for business, charitable, medical or moving purposes.   Background: If you use a vehicle for Read More

Kirsch CPA Group

Jan 04, 2023

Cash In on Corporate Deductions for Charitable Donations

Most people already understand the tax rules for individual charitable donations, including generous deductions that may be available to itemizers when they give cash or property to charity. But your business may also reap tax Read More

Kirsch CPA Group

Oct 13, 2022

Year-End Moves for Charitable Donations

'Tis almost the season for charitable donations. Besides helping a worthy cause, your donations may qualify for a festive write-off on your 2020 tax return if you qualify. Here are five ways to boost your Read More

Kirsch CPA Group

Oct 29, 2020