BAS Blog and Articles

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Blog

Business, Medical, and Moving Mileage Increases for Final Six Months of 2022

The business mileage rate is increasing by 4 cents, to 62.5 cents per mile, while the medical and moving mileage is also increasing by 4 cents, to 22 cents per mile, for the final six months of 2022, the IRS recently announced. The previous rates of 58.5 cents for business mileage and 18.0 cents for medical and moving mileage still apply for the first six months of 2022.

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Blog

Saving Tips for Soon-To-Be Pet Owners

Owning a pet may improve your quality of life, but it probably won’t be cheap. Fortunately, many of the costs associated with responsible pet ownership can be controlled, or at least reduced.

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Blog

A Tax Nightmare on Your Horizon

A recent tax law change by this edition of Congress now requires transaction reporting to the IRS for anyone receiving more than $600 in payments through digital payment tools like PayPal, Venmo, and CashApp.

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