February 6, 2023News Taxes and the Gig Economy The nature of work has changed over the last several years. In this time it has become more common for workers to […]
February 6, 2023News Standard Mileage Rates Updated for 2023 If you itemize your deductions on your tax return, you may be interested to know that the IRS has updated the standard […]
January 6, 2023News New 1099-K Requirements Delayed The IRS has announced a delay in reporting thresholds for third-party settlement organizations that was scheduled to take effect for the upcoming […]
January 6, 2023News What’s New in 2023 As I’m sure you know, Congress seems to make changes to tax laws just about every year. This year was no exception, […]
December 6, 2022News Reducing Taxes with Qualified Charitable Distributions In most cases, distributions from a traditional Individual Retirement Account (IRA) are taxable in the year you receive them, but there are […]
December 6, 2022News Employers: Beware ERC Scams If you are an employer, be careful about third parties that may advise you to claim the employee retention credit (ERC) when […]
November 6, 2022News 401(k) and IRA Limits Increase in 2023 The IRS has announced that the amount individuals can contribute to their 401(k) plans in 2023 has increased to $22,500, up from […]
November 6, 2022News IRS Announces Tax Inflation Adjustments for 2023 The Internal Revenue Service has announced the tax year 2023 annual inflation adjustments for manyu tax provisions, including the tax rate schedules […]
November 6, 2022News The Child Tax Credit is for More Than Just Parents Even people who are familiar with the Child Tax Credit (CTC), might not realize that you don’t necessarily have to be the […]