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IRS announces new mileage reimbursement rates for 2023

The IRS has announced that the optional standard mileage rate used to calculate the costs of operating a car, van, pickup truck, or panel truck for business purposes in 2019 will be 58 cents per mile, up from 54.5 cents per mile in 2018.

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Federal Taxation of Individuals in 2023

The following is a brief summary of the federal income,… Read more »

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LBMC Group Purchasing Organization (GPO) Saves Businesses Money and Time as They Navigate Persistent Inflation

Rising cost pressures, labor shortages and supply chain issues drive… Read more »

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SOC for Cybersecurity 101: Key Differences from SOC 2 and Risk Assessments

LBMC Information Security’s Mark Burnette explains the differences between SOC for cybersecurity and risk assessments, as well as tips for how your organization could benefit from from an SOC for Cybersecurity analysis.

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Four Growth Tips for Young Professionals Starting Their Career

Authored by Andrew Comegna The world is abounding in low-hanging… Read more »

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Basic Rules for Charitable Deductions

Charitable contributions are an excellent way to support your favorite… Read more »

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What Every Business Should Know About Social Engineering Cyber-Attacks

LBMC Information Security’s Stewart Fey unpacks everything you need to know about social engineering cyber-attacks and how your organization can prevent them.

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LBMC adds two to C-suite

LBMC announces new Chief Operating Officer, Chief Financial Officer and… Read more »

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10 Tax Saving Opportunities to Review Before the New Year

Most business leaders are thinking strategically as they wind up… Read more »

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Outsourced Bookkeeping: Your Solution to Year-End Pains

Accurate, timely bookkeeping is important to every business: regardless of… Read more »