IRS: Review Your Withholding Now for Next Year

The IRS urges taxpayers to review their withholding early in the year using its online estimator to avoid penalties, big refunds, or tax bills in 2026.

Businesses Can Still Cut 2024 Taxes

Implementing tax strategies now can help your company save big on its next return. Discover how businesses can still reduce their 2024 taxes effectively.

10-Year RMD Rule Finalized By the IRS

The 10-Year RMD rule finalized by the IRS confirms inherited retirement assets will receive different treatment depending on the recipient, starting in 2025.

U.S. House passes the Build Back Better Act

The U.S. House of Representatives passed a crucial part of President Biden’s agenda by a vote of 220-213 on November 19. The Build Back Better Act (BBBA) includes numerous provisions related to areas ranging from health care, climate change and immigration to...
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2021 business year-end tax planning

2021 business year-end tax planning

Businesses must navigate 2021 year-end tax planning with new tax laws potentially on the horizon   The end of the tax year is fast approaching for many businesses, but their ability...

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2022 cost-of-living adjustments

2022 cost-of-living adjustments

The IRS recently issued its 2022 cost-of-living adjustments for more than 60 tax provisions. With inflation up significantly this year, mainly due to the COVID-19 pandemic, many amounts...

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