Things You Should Know
Form W-4 for employee withholding has been redesigned. There are new options to help calculate adjustments, but they are optional. It can be used with the calculator provided by the IRS to improve accuracy. Click the link below for some FAQs.
Standard mileage rates went down slightly for 2020: the business rate is now 57.5 cents and the medical rate is down to 17 cents, while the charity mileage rate remains at 14 cents as usual.
Technological advancements have made it necessary for professionals and leaders to develop new skills to help their organizations thrive. Read Article in link below.
Journal of Accountancy