Bookkeeping Nurse LLC

Getting your financial paperwork organized is key to a successful tax return filing. It not only helps you and your tax preparer complete an accurate return; but it helps decrease errors, avoids delays in processing and reduces the chances of receiving dreadful IRS letters.

See these hints from the IRS: https://www.irs.gov/newsroom/get-ready-for-taxes-whats-new-and-what-to-consider-when-filing-in-2023

Good news!!

The has announced that 2022 will now be a transition period for the lower $600 threshold reporting for third-party payment organizations to generate Form 1099-Ks for taxpayers. See:

IRS announces delay for implementation of $600 reporting threshold for third-party payment platforms’ Forms 1099-K | Internal Revenue Service IR-2022-226, December 23, 2022 — The Internal Revenue Service today announced a delay in reporting thresholds for third-party settlement organizations set to take effect for the upcoming tax filing season.

announces that beginning on Jan. 1, 2023, the standard mileage rate for business travel will be 65.5 cents per mile, up 3 cents from the midyear increase setting the rate for the second half of 2022. See:

IRS issues standard mileage rates for 2023; business use increases 3 cents per mile | Internal Revenue Service IR-2022-234, December 29, 2022 — The Internal Revenue Service today issued the 2023 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

The IRS increased the mileage rate for the remainder of 2022, up 4 cents.

"The IRS is adjusting the standard mileage rates to better reflect the recent increase in fuel prices," said IRS Commissioner Chuck Rettig. "We are aware a number of unusual factors have come into play involving fuel costs, and we are taking this special step to help taxpayers, businesses and others who use this rate.”

https://www.irs.gov/newsroom/irs-increases-mileage-rate-for-remainder-of-2022

Bookkeeping Nurse LLC updated their phone number.

Bookkeeping Nurse LLC updated their business hours.

It's now easier to email Bookkeeping Nurse LLC