The IRS has announced tax relief for Indiana individuals and businesses affected by the severe storms, straight-line winds, tornadoes, and flooding that began on August 11, 2026. Eligible taxpayers now have additional time to file certain tax returns, make tax payments, and complete other tax-related actions. Who Qualifies? The relief applies to taxpayers who live or have a business in the following Indiana counties: Carroll, Dearborn, Decatur, Delaware, Fayette, Franklin, Ha

With gas prices soaring it has been expected the IRS would increase the mileage rate that business owners can deduct for vehicle use...

At CJ Smith CPA, we want to be forward thinkers and consider planning opportunities for 2021. This article shares IRS inflationary...