IRS Publishes 2022-2023 Special Per Diem Rates

IRS Publishes 2022-2023 Special Per Diem Rates

According to Notice 2022-44 from the IRS, various regulations outline the rules for using a per diem rate to substantiate the amount of ordinary and necessary business expenses paid or incurred while traveling away from home. As explained in the Journal of...

Annual Tax Adjustments for 2023

The Internal Revenue Service has released the tax year 2023 annual inflation adjustments for dozens of tax provisions, including the tax rate schedules and other tax changes. Here are some of the key changes.   Standard deduction The standard deduction for...
IRS Update on Student Loan Relief

IRS Update on Student Loan Relief

In late September, the IRS sent out some new details on student loan relief, which was announced earlier this year. It has also provided links for further information. Meanwhile opponents of loan relief are taking legal action to try to prevent it, although the...
MCB Dog Days of Summer

MCB Dog Days of Summer

As the leaves are turning and temperatures are falling, we take a look back at some of our most enjoyable summer memories. From playing kickball to watching baseball to our picnic outing, we spent some great afternoons cheering, grilling and bonding with our...