IRS Releases Mileage Rates for 2020
The IRS recently released the mileage rates for 2020. Beginning Jan. 1, the business mileage rate decreased one-half of a cent for business travel driven and three cents for medical and certain moving expenses as compared to the rates for 2019. The charitable rate is...
Looking To Increase Your Savings? Your Emotions Could Help You Save More
As a business owner, I know that goal-setting helps us achieve real progress and create a shared vision for everyone in our business. I never thought of its influence as emotional, but here’s an interesting article on using our emotions to further our goals: According...
Don’t Get Hit With a Big Tax Bill! Most People Are Not Having Enough Federal Tax Withheld!
The IRS is trying to spread the news, and we want to help our clients: The new tax laws are resulting in many taxpayers being under-withheld because their paycheck withholding was reduced—potentially in excess of the reduction in their tax liability! While in past...
Millennials: Are you living within your means?
Here at N & Co. we have a number of “millennial” clients, business owners, children, and interns. We enjoy their unique perspective on the world, and as accountants, we are especially interested in their ideas about money. The millennials we know are discerning...