Moceri & Co Blog

        Moceri Minute There are still a few days left to file your personal income tax return extension. You can request a six-month extension to file your personal returns, however, if you have a tax liability, you need to pay the tax with the extension.  Contact our...

        Moceri Minute Individual, trust and calendar year “C” Corporation income tax returns are due Monday, April 15.  If you have not contacted our office to prepare your returns, please do so immediately so we can assist you with filing your returns or...

        Moceri Minute Are you a college athlete receiving NIL income? Make sure you know your tax obligation. NIL income is taxable, whether you are paid in cash or in free products or services.  Most student athletes with NIL income are considered self-employed, so...

        Moceri Minute Only 8 2024 EV models qualify for the full clean vehicle credit for 2024 due to strict critical minerals and battery component rules. The credit is $7,500 for a new electric vehicle if both rules are met. If you are buying an EV vehicle and think...

        Moceri Minute IRS again warns the public to watch out for tax scams. There is an increase at this time of year of scammers trying to impersonate the IRS. Remember, the IRS will not contact you via a telephone call, an email, or a text as their initial contact...

        Moceri Minute If you are required to file a S Corporation Income Tax Return (Form 1120S) or a Partnership Income Tax Return (Form 1065), you have less than 1 month to file the return. The return is due March 15, 2024. We can file an extension on your behalf if...

        Moceri Minute In the next few weeks, you should be receiving all your tax documents for 2023. Please gather them and keep them together as they come in. When you think you have all your information, please send them to our office so we can prepare your...

        Moceri Minute The IRS has come out with the 2024 mileage rates and they are as follows: 67 cents per mile driven for business use 21 cents per mile driven for medical or moving purposes for qualified active-duty members of the Armed Forces 14 cents per mile...