Resources & Links
2024 Standard Mileage Rates
Beginning 1/1/24, the standard mileage rates for cars, vans, pickups, and panel trucks will be:
- 67 cents per mile for business purposes
- 21 cents per mile for medical or moving purposes for qualified active-duty members of the Armed Forces
- 14 cents per mile for charitable purposes.
The portion of the business standard mileage rate treated as depreciation is 27 cents per mile for 2020, 26 cents per mile for 2021 and 2022, 28 cents per mile for 2023, and 30 cents per mile for 2024.
When computing the allowance under a Fixed and Variable Rate (FAVR) plan, the standard vehicle cost cannot exceed $62,000 for autos, trucks, or vans. The same value is used for purposes of the fleet-average and vehicle cents-per-mile valuation rules. News Release IR 2023-239 and Notice 2024-08
2024 Corporate Transparency Act
Key Provisions From the DOL’s Final Overtime Rule for White-collar Employees 04.24
Thank You to our Friends at GTM Payroll & HR for allowing us to share this Bulletin
Claiming Energy Credits
2023 Year-End Letter
A Guide to your Important Documents
What to Keep, What to Shred
Payroll Rates
Payroll Rates 2024
New Business Start-up Kit
To request a New Business Start-up Kit, please complete the following form:
QuickBooks Coffee Break Tutorials
- Bank Reconciliations–WATCH NOW
- Social Security Deferrals in Payroll- WATCH NOW
- Reporting using QuickBooks Online-WATCH NOW
- Entering Vendors-WATCH NOW
- Basics of Budgeting Online-WATCH NOW
- Entering Expenses and Bills Online –WATCH NOW
Navigating the Minefields of Current Employment Issues 11/3/2021
Michael J. Torchia, Esq.
Semanoff Ormsby Greenberg & Torchia, LLC
Financial Sites
- Current Exchange Rates – This link will help you chart the dollar against any foreign currency.
- Mortgage, Bank, Lending, and Interest Rates – This site will give you the most up-to-date information on constantly fluctuating rates.
- Money Magazine – Check stock quotes, and track the day’s financial news.
- MSN Money – A great source of information for your personal finance needs. Get access to quotes, stock research, and news.
- Market Watch by Dow Jones – CBS Marketwatch provides links to financial news, stock quotes, IRA resources, stock picks and more.
- Travelex – Foreign Exchange – Foreign currency exchange. Travelex has competitive exchange rates and traveler’s cheques.
Government Sites
- Social Security Administration – Social Security Administration administers retirement, Medicare, disability and other benefits.
- U.S. Small Business Association – Programs and services to help you start, grow and succeed.
- U.S. Department of Commerce – U.S. Department of Commerce.
- Federal Citizen Information Center – A catalog of Free and low-cost federal publications that may be of interest to you. Also contains a lot of important consumer information.
Tax Information Sites
- IRS – The IRS website has many great tax resources for you.
- IRS W4 Form – This form is used to determine federal income tax withholding.
COVID-19 Resource Sites
- Centers for Disease Control
- World Health Organization
- US Department of Labor
- Internal Revenue Service (IRS)
- US Small Business Administration
- US Equal Employment Opportunity Commission
- PA Department of Community & Economic Development
Miscellaneous Sites
- New York Times – A good source for national and world news.
- CPA Website Design – Comprehensive website design and hosting complete with tools created especially for CPAs.
- Consumer World – Giving consumers reviews and knowledge for almost everything and anything you could purchase.
- ABC’s of Real Estate – Great knowledge if you are buying, selling or mortgaging your home.
- Yodlee – Yodlee is an aggregator of your bank accounts, reward programs, and a lot more. View all your accounts and your financial portfolio all in one place.