Could Your Company Use a Heavy SUV?
Many businesses need to invest in heavy sport utility vehicles (SUVs) to transport equipment and provide timely services. Fortunately, they may be able to claim valuable tax deductions for the purchases. If you’re thinking about buying one, be sure to brush up on the...
Will the Standard Business Mileage Rate Go up in 2022? Yes!
After two years of no increases, the optional standard mileage rate used to calculate the deductible cost of operating an automobile for business will be going up in 2022 by 2.5 cents per mile. The IRS recently announced that the cents-per-mile rate for the business...
Providing a Company Car? Here’s How Taxes Are Handled
The use of a company vehicle is a valuable fringe benefit for owners and employees of small businesses. This perk results in tax deductions for the employer as well as tax breaks for the owners and employees using the cars. (And of course, they get the nontax benefit...
Hawkins Ash CPAs Names New Partners in La Crosse and Mequon
LA CROSSE, WI – The Partners at Hawkins Ash CPAs recently voted to promote Brittany Leonard, CPA, and Holly Muehl-Pett, CPA, EA, to become Partners. Brittany Leonard, CPA, was most recently a Senior Audit Manager in the Firm’s La Crosse, WI, office. In her new role as...