Chandler & Richter, P.A., CPAs Accounting News
Mileage Rates 2022 and 2023
The mileage rates in cents per mile per the IRS are as follows for 2022 and 2023 1/1 to 6/30/22 7/1 to 12/31/22 2023 Business 58.5 62.5 62.5 Medical 18 22 22 Charitable 14 14 14
North Carolina Pass-Through Entity Tax
North Carolina has passed legislation to have eligible S Corporation’s and eligible Partnership’s to make an election to be taxed as a Pass-Through Entity. The pass-through entity income will be taxed as the same tax rate as the individual tax rate, which is 5% -...
