2015 Year-end Reporting Newsletter: Bottom Line

Picture of Redpath and Company Redpath and Company : November 16, 2015

November 16, 2015 — An accountable plan allowance is an arrangement whereby the employer pays an employee a fixed amount or a formula based amount of money to be used for employment-related expenses. The employee must account for how the money is used. All or a portion of the allowance or arrangement is not subject to payroll withholding rules provided the necessary substantiation requirements are met … Read more at Bottom Line Newsletter 2015.
IRS Announces 2025 Mileage: Business Drivers See Increase

IRS Announces 2025 Mileage: Business Drivers See Increase

Picture of Redpath and Company Redpath and Company: January 3, 2025

Drivers who rely on vehicles for regular business use will see a slight increase in deductible mileage rates in 2025.

Tax Planning Strategies tax
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The Federal Disaster Tax Relief Act: Key Impacts on Individuals Affected by Natural Disasters

The Federal Disaster Tax Relief Act: Key Impacts on Individuals Affected by Natural Disasters

Picture of Redpath and Company Redpath and Company: December 13, 2024

After nearly a year of advocacy and lobbying, the Federal Disaster Tax Relief Act, introduced by Representative Gregory Steube (R-FL), passed both...

Taxes
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Corporate Transparency Act Enforcement Stalled: What It Means for Businesses

Corporate Transparency Act Enforcement Stalled: What It Means for Businesses

Picture of John Kammerer, CPA John Kammerer, CPA: December 5, 2024

Updated January 2, 2025: On December 26, the Fifth Circuit Court of Appeals reinstated a Texas District Court’s injunction against the Corporate...

Taxes Business Advisory
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