IRS raises the standard mileage rates for the second half of 2026
09/2/2026
The IRS raised the standard mileage rates for the second half of 2026, effective July 1, with the business rate increasing from 72.5 cents to […]
Accounting News
IRS introduces automatic penalty relief for taxpayers with a strong compliance history
08/26/2026
The IRS is replacing its First Time Abate program with a new Automatic Exemption from Penalty (AEP), which will automatically prevent certain penalties for eligible […]