The standard business mileage rate has gone up for 2023. The 2023 cents-per-mile rate for business use of a car/van/pickup or panel truck is 65.5 cents.

The ERTC provides refundable tax credits to employers that kept workers on payroll during the pandemic. This is a credit against the employer payroll taxes.

Did you know that some gifts provide a variety of tax benefits? Fiducial recommends taking advantage of year-end gifts before it’s too late!

These days, most businesses have websites. But surprisingly, the IRS hasn’t issued formal guidance on when business website costs can be deducted.