Taxes

Generally, small business owners who use their automobile for business driving are entitled to deduct expenses based on the vehicle’s use, but there are plenty of twists and turns along the way.

Just 49% of workers know about the credit, which can help them save for retirement and lower their taxes, a survey found.

Roughly 300 Iowans who had filed their 2022 federal tax returns did not receive the correct federal refund.

Disaster-area taxpayers in most of California and parts of Alabama and Georgia received tax filing and payment relief.

As of Feb. 3, the IRS said it has processed more than 16.7 million tax returns—29% more than in 2022.

Average U.S. hotel occupancy is projected to reach 63.8% in 2023 – just shy of 2019’s level of 65.9%. Staffing is expected to remain a challenge for many U.S. hotels in 2023, as the industry continues to grow its workforce back to pre-pandemic levels.

The firm’s donation also will help fund other unmet needs including construction costs for people repairing and rebuilding homes and labor costs for United Way staff assisting people through the recovery process.

For businesses, keeping up with property tax requirements like filing deadlines and payment processes can be a complex, manual, and error-prone process that leads to costly noncompliance.