Keep these 3 issues in mind after you file your return
April 29, 2024
Once your 2023 tax return has been filed, you can breathe a sigh of relief. But there still may be some tax issues to consider. Here are three of them.
IRS to employers: Only medical expenses qualify for tax-advantaged accounts
April 25, 2024
Employers: If you sponsor a health FSA, HSA, HRA or MSA, be sure to heed the latest IRS warning about proper administration. Details here.
When businesses may want to take a contrary approach with income and deductions
April 24, 2024
Businesses: Do you expect federal income tax rates to go up, go down or stay the same in the future? If you think your rates could go up, here are some considerations.
Watch out for “income in respect of a decedent” issues when receiving an inheritance
April 23, 2024
Property you inherit generally isn’t included in income for tax purposes. However, there are certain items that may have to be included. Here’s the story.
6 major payroll taxes every employer should keep an eye on
April 22, 2024
Employers must never lose sight of their payroll tax responsibilities, whether federal, state or local. Here’s a quick review of the six major payroll taxes.
Don’t have a tax-favored retirement plan? Set one up now
April 19, 2024
If you’re a business owner without a retirement plan, establishing one is simpler than you may think. And there still may be time to set one up for LAST year, depending on your situation.
