December 5, 2023 4 Ideas That May Help Reduce Your 2023 Tax Bill Before you know it, 2024 will be here. But until then, there may still be time to reduce your 2023 … Read More
November 28, 2023 Key 2024 Inflation-Adjusted Tax Amounts For Individuals Every year, the dollar amounts allowed for various federal tax benefits are subject to change based on inflation adjustments. The … Read More
November 16, 2023 11 Exceptions To The 10% Penalty Tax On Early IRA Withdrawals If you need cash, you may want to tap your traditional IRA. But if you’re not yet 59½, you may … Read More
November 16, 2023 The 2024 Cost-of-Living Adjustment Numbers Have Been Released Take these 2024 cost-of-living adjustments into consideration as you work on your year-end tax planning. Read More
November 9, 2023 What You Need To Know About Restricted Stock Awards And Taxes Perhaps you receive executive compensation in the form of restricted stock awards. Here’s how these awards work, how they’re restricted … Read More
November 1, 2023 Contributing To Your Employer’s 401(k) Plan: How It Works Does your employer offer a 401(k) plan, but you haven’t started participating? Here are the basic features of these plans … Read More
October 25, 2023 Facing a Future Emergency? Two New Tax Provisions May Soon Provide Relief Starting next year, employers with certain retirement plans can allow staff members to contribute to pension-linked emergency savings accounts. Here’s … Read More
October 19, 2023 Are Scholarships Tax-Free or Taxable? If your child is fortunate enough to get a scholarship, is the amount taxable income? For some, yes, but there’s … Read More
October 13, 2023 The Tax Implications of Renting Out a Vacation Home If you rent your vacation home for less than 15 days during a year, there’s a special tax break. Here … Read More
October 4, 2023 Casualty Loss Tax Deductions May Help Disaster Victims In Certain Cases Through 2025, the rules for deducting personal casualty losses on a tax return changed from what they were before 2018. … Read More
September 27, 2023 What Are the Tax Implications Of Winning the Lottery? There are tax implications if you hit a sizable jackpot in the lottery or while gambling. Here are the basic … Read More
September 20, 2023 Evaluate Whether A HSA Is Beneficial To You Many employers offer Health Savings Accounts to their workers. You may also be able to open one of these tax-saving … Read More
