Basnet Accounting

IRS increases mileage rate !

IRS increases mileage rate for remainder of 2022 | Internal Revenue Service IR-2022-124, June 9, 2022 — The Internal Revenue Service today announced an increase in the optional standard mileage rate for the final 6 months of 2022. Taxpayers may use the optional standard mileage rates to calculate the deductible costs of operating an automobile for business and certain oth...

If you are an Iowa LLC, biennial report is due for renewal with Iowa Secretary of State this year. Biennial report is due every two years and required to file to re-register your business information with Secretary of State to remain active.

By filing the biennial report, you will maintain your company’s good standing. Failure to file will result in administrative dissolution or revocation of the entity.

If you need help filing your Biennial report, please contact Basnet Accounting at 515 992-6978 or email us at [email protected].