2023 Due Dates

Most of California was affected by the severe winter storms. Both the IRS and Franchise Tax Board announced that 2022 tax returns and any payments due before 10/16/2023 will be postponed until 10/16/2023 for those taxpayers in the disaster zones.  Subsequently, both the IRS and FTB announced a further postponement until 11/16/2023.

2023 Auto Mileage Rates

Business use = 65.5 cents/mile, Charity = 14 cents/mile, Medical/Move = 22 cents per mile

2024 rates: TBA

2023 & 2024 Retirement Plan Limits

Plan Types
401(k) Deferral Limit 2023:$ 22,500 2024: $23,000
Catch-up Deferral Limit 2023:$ 7,500 2024: $7,500
DC Annual Addition Limit 2023:$ 66,000 2024: $69,000
Compensation Limit 2023:$330,000 2024: $345,000