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Outsmart the $250,000 FDIC Limit with an ICS Account

By: Serge Filatov, Esq. In light of the recent regional bank collapses, including most recently the collapse of First Republic Bank, ensuring financial security of funds held at a financial institution is crucial for businesses. Many businesses are wondering what...

More Filing Extensions for Storm Victims

By: Caroline Chen, Esq. Disasters = Deadline Deferrals If you have filing requirements in Illinois, Florida, New York or California, pay attention to these updates on deadline extensions due to disaster: Illinois  – Victims of the July 25 and 28, 2022 Illinois...

2023 Mileage Reimbursement Rates

By: Tamara B. Pow, Esq. The IRS has announced the standard mileage reimbursement rates for 2023. As of January 1, 2023, the mileage rates are: 5 cents per mile for business miles driven (this rate is up 3 cents from the mid-year increase in 2022) 22 cents per mile for...