Shaynaco LLC

Our strength. Your numbers.

[Shaynaco LLC @Shaynaco_LLC]

Whether using standard mileage rates or actual expenses, make sure to log your mileage.

[Shaynaco LLC @Shaynaco_LLC]

We were discussing this in our office:
What’s the hardest part of running payroll for your small business?
We’d love to know what your pain points are.

[Shaynaco LLC @Shaynaco_LLC]

2023 mileage rates are higher than 2022.
65.5¢ Business
22¢ Medical and Moving
14¢ Charitable
Questions?
As part of our services, we can help you understand rules for auto expenses.

#ShaynacoSnippet

[Shaynaco LLC @Shaynaco_LLC]

At the top of your 2022 1040 is a new YES/NO question. It basically asks if you did anything regarding digital assets (crypto, NFTs, etc).
⚠️ Everyone MUST answer. ⚠️
So make sure to tell your preparer. For more info: https://t.co/IrUQ71rc4C #ShaynacoSnippet

[Shaynaco LLC @Shaynaco_LLC]

1099-NEC’s (non-employee compensation) are due to the recipient and the IRS by January 31, 2023. #ShaynacoSnippet

[Shaynaco LLC @Shaynaco_LLC]

@shaynacpa was honored to be a part of @cpapracadvisor’s Ensuring Success 2022. Our firm learns so much watching peers talk about their experiences.

[CPA Practice Advisor @cpapracadvisor]

@DarrenRoot and @Shaynaco_LLC getting ready for the set lights at #EnsuringSuccess #december#cpe -

[Shaynaco LLC @Shaynaco_LLC]

@JasonMBlumer @QuickBooks @IntuitAccts Thank you, @JasonMBlumer!

[Shaynaco LLC @Shaynaco_LLC]

Thank you @QuickBooks for recognizing Lei’s QuickBooks Payroll Certification! She is truly amazing and we sure are grateful to have her on our team. #IntuitLovesAccts #QuickBooks

[Jason M. Blumer, CPA @JasonMBlumer]

@Shaynaco_LLC @QuickBooks @IntuitAccts does not mess around with swag. It's the best! Congrats Lei! #IntuitLovesAccts #QuickBooks

[Shaynaco LLC @Shaynaco_LLC]

Earlier this week, we posted to watch for mail from the IRS regarding the amount of your Advanced Child Tax Credit payments. You also need to be watching for Letter 6475 which will have information regarding your 3rd Stimulus Amount. Your tax preparer will need these.

[Shaynaco LLC @Shaynaco_LLC]

‼️Important‼️

If you received Advance Child Tax Credit (CTC) Payments, the IRS will be sending Letter 6419 with the amount of CTC payments you received. Your preparer will need this letter to accurately prep your return. Not having it may result in delayed prep.
So 👀 your 📬❗️

[Shaynaco LLC @Shaynaco_LLC]

Our team wishes you a happy and safe Fourth of July weekend.
❤️🇺🇸💙
Shaynaco will be closed on July 5th to coincide with the national observance of Independence Day.

[Shaynaco LLC @Shaynaco_LLC]

We’ll go first: It’s Friday and we’re feeling like we’re kicking off the new tax year right! #goodvibes #goTeam!

[Shaynaco LLC @Shaynaco_LLC]

@tonynovak @ShaynaCPA Probably depends on which of you is the client. :)

[Shaynaco LLC @Shaynaco_LLC]

The standard business mileage rate for 2021 is 56 cents. This is down 1.5 cents from 2020

Other mileage rates include
👉Medical: 16 cents per mile
👉Charitable: 14 cents per mile
#mileage #travel #taxes #accounting

[IRS Tax Pros @IRStaxpros]

#IRS Advisory Council issues 2020 annual report to Congress, including new and continuing issues in tax administration. Read: https://t.co/ryBW93iS2Z

[Shaynaco LLC @Shaynaco_LLC]

The future for child tax credits looks strong

[Richard Rubin @RichardRubinDC]

New from me: A big expansion of the child tax credit could happen during the Biden administration, no matter who controls the Senate.

https://t.co/oetYyh5kWT

[The Tax Adviser @TheTaxAdviser]

IRS will not offer "blanket" penalty relief in response to pandemic, IRS commissioner tells AICPA conference. https://t.co/Xkqga3CMC9

[Shaynaco LLC @Shaynaco_LLC]

Congratulations

[CPA Practice Advisor @cpapracadvisor]

The 2020 Most Powerful Women in Accounting Winners Announced - @AICPA @cpapracadvisor - Given annually to women leaders who are helping to define and advance the profession. See the list at: https://t.co/zd7KAZhwMX