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Month: January 2022

CTC and EIP Letters from the IRS

January 6, 2022 relanetAdminNews

The IRS announced that it will issue information letters to Advance Child Tax Credit (CTC) recipients starting in December and to recipients of the third round of the Economic Impact Payments (EIP) at the end of January. Using this information […]

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Standard Mileage Rates for 2022

January 6, 2022 relanetAdminNews

The IRS issued the 2022 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning Jan. 1, 2022, the standard mileage rates for the use of a car […]

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