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Congratulations To Our First $500 Winner!

Congratulations To Our First $500 Winner!

N&Co congratulates Craig Carlson for winning our first $500 drawing! REMINDER: The last day to be entered in our next $500 drawing is Saturday, March 25th. To qualify for this drawing you must have: •picked up your completed return (or completed the SafeSend...

New Gift Tax Guidelines for 2023

New Gift Tax Guidelines for 2023

The annual gift reporting threshold  has increased to $17,000 per recipient in 2023.  This means that married taxpayers who elect to gift-split can make gifts of up to $34,000 per recipient annually without generating a taxable gift.     We want to point out that the...

New Mileage Rates Announced for 2023

New Mileage Rates Announced for 2023

The IRS has announced the new standard mileage rates for 2023. Beginning January 1, the new mileage rate for business use will be 65.5 cents/mile, which is an increase of 3 cents/mile. This new rate applies to all electric, hybrid-electric, gasoline and diesel-fueled...

Our 2022 Tax Tips for Clients

Our 2022 Tax Tips for Clients

Dear Clients,We aim to build a better experience for a life that is #LessTaxing!  Below please find a copy of our series of brief emails aimed at helping us both to work together to be more efficient at preparing your return(s). And remember: we are always here...