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Month: March 2023

Guidance Issued on Taxing of State Payments

Posted on March 6, 2023 by relanetAdmin

Many states made special tax refunds or payments related to the pandemic and its associated consequences in 2022. A variety of state programs distributed these payments in 2022 and the rules surrounding their tax treatment are complex. One question was whether income related to these payments was taxable at a federal level. Recently, the IRS
-> Continue reading Guidance Issued on Taxing of State Payments

Making Sense of Business Travel Deductions

Posted on March 6, 2023 by relanetAdmin

If you travel for business, you probably know that you can deduct some of the expenses related to that travel from your income taxes. But knowing which expenses are deductible, and under what circumstances might make your head spin. In this article we want make sense of business travel deductions so that you know what
-> Continue reading Making Sense of Business Travel Deductions

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1073 Hancock Street
Suite 300
Quincy, MA 02169
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