YCG Accounting

YCG Accounting Here at YCG Accounting, we help small to mid-size businesses create a better company focused on profits.

12/03/2021

YCG Accounting just now hired three new interns equaling to four interns. One intern from Edwardsville High School. Three students from the School of Business of SIUE. Two interns are from Alton IL and one is from Missouri.

11/24/2021

The law states that the standard 2021 mileage rate for business driving declines to 56 cents a mile. The charitable drive rate is consistent at 14 cents a mile, medical travel and military lowers to 16 cents a mile in 2021.

11/22/2021

More payees will get Form 1099-K from PayPal, Airbnb, etc. There is currently a $600 threshold. "The Kiplinger Tax Letter"

11/19/2021

The cap on the write-off for business losses on individual returns has been extended to 2026. Last year's CARES Act suspended this loss limitation rule for 2018, 2019, 2020. "The Kiplinger Tax Letter".

11/15/2021

Businesses can deduct 100% of business meals in 2021 and 2022. Congress suspended the 50% haircut for two years to encourage restaurants dining. This includes client meals as well as meals from employees on business travel. 😄 "The Kiplinger Tax Letter"

11/12/2021

The IRS has made some changes, here is what you need to know. IRS is paying half the Child Credit in advance through monthly payments. If you received Child Tax Credit, you need to let your tax preparer know exactly what you received because this will be balanced against your 2021 Child Tax Credit on your tax return.

Address

2110 Troy Road, Suite B, (Hyten Building)
Edwardsville, IL
62002

Opening Hours

Monday 8:30am - 12:30pm
1:30pm - 4pm
Tuesday 8:30am - 12:30am
Wednesday 8:30am - 12:30pm
1:30pm - 4pm
Thursday 8:30am - 12:30pm
1:30pm - 4pm
Friday 8:30am - 12:30pm
1:30pm - 4pm

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