As it does every year, the Internal Revenue Service recently announced the inflation- adjusted 2023 optional standard mileage...

Although the credit for purchasing a new electric vehicle can still be as much as $7,500, Congress has...

With tax season upon us, documents reporting income, sales and other items needed for your 2022 tax return...

The type of business that you're running has major implications in virtually all areas of your operations, especially...

Married taxpayers generally have the option to file a joint tax return or separate returns, a filing status...

We thank you for choosing Lewis & Knopf CPA, P.C. as your tax advisor. We truly appreciate your...

Even though the overall IRS audit rate is currently low historically, it’s expected to increase as a result...

Individuals are always looking for tax deductions that can reduce their tax liability. But what is the actual...

Lewis & Knopf, CPA, P.C. is pleased to announce the promotions of Ashish Kapoor, CPA, Kenneth W. Rappuhn,...

If your 2022 refund or balance due turns out not to be the desired amount, you may want...

The Health Savings Account (HSA) is one of the most misunderstood and underused benefits in the Internal Revenue...

If your traditional IRA is invested in stocks and/or mutual funds, the recent substantial downward slide by the...