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2025 Tax Limit Increases for Businesses
For 2025, several tax-related limits have increased. We’ve summarized the major changes that may affect you and your business.
1 day ago

What’s New for Retirement Contributions in 2025? Let’s Break It Down!
IRS raises 2025 retirement limits: 401(k) to $23,500, higher catch-up for ages 60–63. SIMPLE & SEP limits increase, IRA stays at $7,000.
Dec 5, 2024


Does your company offer Employee Assistance Programs (EAPs)? If so, be mindful of compliance and regulations.
EAPs support employees’ mental health but may require ERISA, COBRA, HIPAA, or ACA compliance. Legal guidance helps ensure full compliance.
Oct 25, 2024


Job loss is difficult, and the tax implications can make it even more challenging
Losing a job is difficult, and the tax implications can make it even more challenging.
May 20, 2024


Don’t have a Tax-Favored Retirement Plan?
Don’t have a tax-favored retirement plan? Set one up now
May 15, 2024


The 2023 Gift Tax Return Deadline
Dive into 2023 gift tax insights: navigate gift giving, tax rules, and deadlines for effective financial planning.
Mar 26, 2024


Contribute to your IRA While You Still Have Time
If you didn't contribute to an IRA last year, there's still a chance to lower your tax bill for 2023.
Mar 22, 2024

9 Tax Considerations when Starting a Business as a Sole Proprietor
When embarking on a small business endeavor as a sole proprietor, there are nine key tax factors to consider. Read to learn more.
Mar 12, 2024

What is the Kiddie Tax? Who Does it Affect?
Kiddie tax are tax rules applicable to unearned income of children under the age 19 or if a college student, under the age 24. Read More.
Mar 5, 2024

Married Couples: Should You File Jointly or Separately?
Whether to file joint or separate tax returns when married depends on various factors. Discover what factors you should consider.
Feb 15, 2024

The Tax Implications to Retiring in a Different State
Approaching retirement? You may think about moving to another state, but here's what you need to know before making that move.
Feb 7, 2024

The Standard Business Mileage Rate is Increasing in 2024
The standard deduction rate is increasing from 65.5 cents to 67 cents - accounting for the national increase in gas prices. Learn more.
Jan 31, 2024


The Social Security Wage Base is Set to Increase in 2024
FICA Taxes - amounts above the threshold aren’t subject to tax. The “wage base” for 2024 was recently announced and indicates an increase.
Nov 6, 2023

Facing a Financial Emergency? New Tax Provisions to Withdrawing Money from your IRA or 401K
Next year, employers with certain retirement plans can allow staff members to contribute to pension-linked emergency savings accounts.
Nov 3, 2023

Tax Consequences to Getting a Divorce
Getting a Divorce? Understand the tax consequences to separating your personal assets.
Sep 25, 2023

Student Loan Interest - Are they Deductible?
The student loan pause is coming to an end. If you've begun making payments, your interest paid may offer additional tax deductibles.
Aug 14, 2023

Interest Rates on a Rise. What can Businesses and Individuals Seeking Funding Expect?
The FED reported their first increase in rates last year since 2018. So, how does this increase affect those seeking to additional funding?
May 16, 2023


Is your Business Recession Proof?
Whether we’re in the beginnings of our next recession or on the verge of one, here are quick steps individuals can take to ensure survival.
May 3, 2023


Scaling Your Business: W-2 Employee vs 1099 Contractor
The pros and cons to hiring a W-2 employee versus a 1099 contractor. Evaluate the benefits of each to help grow your business.
May 3, 2023


Investments, Savings & Loans - How they Impact your Taxes?
Including your savings, investments, and loans on your taxes will affect your tax bill. Find out how!
Apr 17, 2023
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