The 2023 Tax Pocket Guide is now available!
Since 2012, theKFORDgroup has created our Tax Pocket Guide to help both businesses and individuals understand the changes in taxes year-to-year and pertinent information for tax filings. Our Tax Pocket Guide is available at our office and online (download at the button below) year-round for your reference.
Here are the top three changes to be aware of when filing your taxes for 2021:
- Annual Gift Tax exclusion increase from $16,000 to $17,000
- Standard Mileage Rate for Business Car Usage increase from 65.5 cents/miles from 62/5 cents/mile for the last half of 2022
- Contribution limit for 401(k) plan increase from $20,500 to $22,500
If you need help or have questions about filing your 2021 taxes, our team is here to help!
Download your 2023 Tax Pocket Guide here
theKFORDgroup tax team holds extensive knowledge and experience in all areas of tax and are here to help answer any questions. For more information, please call us at 210-340-8351.