2024 Tax Deadlines You Should Know

2024 Tax Deadlines You Should Know

Navigating the intricacies of tax deadlines is a crucial aspect of financial planning for businesses and individuals alike. As we step into the fiscal landscape of 2024, it becomes paramount to stay informed about the key dates that can significantly impact your...
5 IRS Tax Scams & How To Spot Them

5 IRS Tax Scams & How To Spot Them

Nothing makes a person’s blood run colder than finding out you have been scammed out of your personal information and thousands of dollars. In this day and age, scammers are lurking everywhere to find their next targets. Your accountant does everything in their power...
IRS increases 401K contributions

IRS increases 401K contributions

There is some good news for your retirement planning. If you have an employer-sponsored 401(k) retirement plan, or any of a number of similar plans, you’ll be able to increase your annual contribution this year by $1000, as part of the federal government’s scheduled...
IRS issues rare PLR on Sec. 1202

IRS issues rare PLR on Sec. 1202

There’s a lesser known and often under-utilized part of the Internal Revenue Code, Section 1202, that can offer a significant tax break for non-corporate taxpayers. Known as the Small Business Stock Gain Exclusion, Section 1202 allows an exemption from federal tax for...
What’s better than a large refund?

What’s better than a large refund?

If you think a large tax refund is a good thing, you may want to reconsider. Why would you want to let the federal government control your money when you could be putting that money to work for you? By better managing your withholding taxes, you can stop overpaying...