Run Your Business with More Clarity – Outsourced CFO Benefits

Run Your Business with More Clarity – Outsourced CFO Benefits

Run Your Business with More Clarity – Outsourced CFO Benefits As a business owner, managing finances and making informed financial decisions are crucial for long-term success. However, few small businesses can afford a full-time Chief Financial Officer (CFO)....
IRS Audits Likely to Increase Due to Inflation Reduction Act

IRS Audits Likely to Increase Due to Inflation Reduction Act

IRS Audits Likely to Increase Due to Inflation Reduction Act The IRS has been given an unprecedented budget of $80 billion under the Inflation Reduction Act, which was passed in August 2022. This funding will go towards enhancing taxpayer services, enforcement,...
Standard Mileage Rates Increase in 2023

Standard Mileage Rates Increase in 2023

Business owners will be able to deduct three cents more per mile in 2023 when operating vehicles for business use, according to the Internal Revenue Service (IRS). The IRS recently announced the 2023 optional standard mileage rates used to calculate the deductible...
Stitely & Karstetter Promotes Max Spracklin to Partner

Stitely & Karstetter Promotes Max Spracklin to Partner

Chantilly, Virginia-based accounting firm SK CPAs & Business Advisors PLLC (S&K), PLLC, announced that Max Spracklin has been named a partner in the firm. Spracklin joined S&K in August 2016 after earning his BBA in Accounting from Radford University. As...