March 2023 Newsletter: Tzinberg & Associates Celebrates 40 Years of Service!

March 2023

This month we are celebrating the 40th Anniversary of our firm, several birthdays, nearing the end of tax season, and sharing several new laws and updates employers need to know.

A Month of Celebrations

Please join us in wishing HAPPY BIRTHDAY to

Charles, Kristine and Jessica

Click Here to Wish a Happy Birthday on Facebook

2023 IRS Updates

Mileage Rate

The IRS announced the inflation-adjusted 2023 optional standard mileage rates used to calculate the deductible costs of operating an automobile. Read More

1099-K

The IRS announced a delay in reporting thresholds for third-party settlement organizations set to take effect for the upcoming tax filing season. Read More

Illinois Enacts Mandatory Paid Leave

Starting Jan. 1, 2024, Illinois employers must offer workers paid time off based on hours worked, with no need to explain the reason for their absence as long as they provide notice in accordance with reasonable employer standards. Read More →

-NEW-

Employee Help Page

Tzinberg.com now has an Employee Help Page with information and tutorial videos for setting up employee portals, resetting portal passwords, reading paystubs, links to popular apps, and printable new hire documents.

Visit Employee Help Page

Text Link

11 Tips

for Starting the 2023 Tax Year Off Right

Many Will See a Smaller Return This Year

Due to the COVID pandemic-related benefits coming to an end, your tax refunds may be smaller this year, and substantially smaller for many. The following is a rundown of some areas where decreases in federal tax benefits will affect taxpayers’ 2022 tax refunds.

Video: How to Read Your Paystub

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Christi, Leslie, & Kristine have been fantastic to work with! They are always organized and quick to answer any financial questions we may have as new business owners. We couldn't be happier with the service we've received from Tzinberg & Associates!

Kelsey Johnson, Design No 7 Interiors

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Tzinberg & Associates, P.C.

1 Country Club Executive Park Glen Carbon, IL 62034

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