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Accounting and Accountability

Jan 1, 2022

In this episode:

  • The increase in mileage rates for 2022.
  • The Premium Tax Credit repayment has been extended.
  • The Build Back Better Bill will not be passed by year-end.  Look for a revised version in 2022.
  • Before you donate, check online for an organization’s tax-exempt status, even if it’s one you’ve donated to before.
  • Front-loading donor advised funds is a great tax strategy for gifting. 

Doug Woods, from 302 Aquaponics, tells us about his hydroponics operation, working on getting the word out about his business, what it's like to start a business during a pandemic and what's next for him and his team.