by ABIP | Feb 1, 2022 | Individuals, News, Newsletter
If you’ve gathered your tax documents and are ready to tackle your tax return, there’s one more step you should take: becoming familiar with what’s new on the 2021 Form 1040. While the format of Form 1040 and its schedules remain similar to 2020,...
by ABIP | Jan 10, 2022 | Business, Individuals, News, Newsletter, Taxes
Starting January 1, 2022, the standard mileage rates for the use of a car, van, pickup, or panel truck are as follows: 58.5 cents per mile driven for business use, up 2.5 cents from the rate for 2021 18 cents per mile driven for medical or moving purposes for...
by ABIP | Jan 7, 2022 | Fraud, Individuals, News, Newsletter
There’s never an off-season when it comes to scammers and thieves who want to trick people into scamming them out of money, stealing their personal information, or talking them into engaging in questionable behavior with their taxes. While scam attempts...
by ABIP | Jan 6, 2022 | Business, Individuals, News, Newsletter, Taxes
Every year, it’s a sure bet that there will be changes to current tax law, and this year is no different. From standard deductions to health savings accounts and tax rate schedules, here’s a checklist of tax changes to help you plan the year ahead....
by ABIP | Dec 20, 2021 | About ABIP, News, Newsletter
ABIP has committed to being a Family Sponsor as part of the Houston Children’s Charity & San Antonio Family Services Adopt-A-Family program this holiday season! This was a huge privilege and an incredible opportunity for ABIP to create some “Christmas Magic” by...
by ABIP | Dec 6, 2021 | Business, COVID-19, Individuals, News, Newsletter, Taxes
Tax Credit for Hiring Long-Term Unemployed Workers With many businesses facing a tight job market, employers should know about a valuable tax credit available to them for hiring long-term unemployment recipients and other groups of workers facing significant barriers...