Looking ahead to 2025 tax limits as you prepare to file your 2024 return
January 29, 2025
How much of your 2025 earnings are taxed for Social Security? How has the standard deduction increased in 2025? Here are some answers to these and other tax questions you may have.
Businesses: The Form W-2 and 1099-NEC deadline is coming up fast
January 28, 2025
An important deadline is coming up fast for businesses with workers. Here’s what’s due on Jan. 31.
DOL rolls out new self-correction tool for employer-sponsored retirement plans
January 27, 2025
For employers that sponsor qualified retirement plans, the federal Voluntary Fiduciary Correction Program has long been a viable way to fix plan errors. Recently, the agency that runs the program announced an exciting new development.
Early bird tips: Answering your tax season questions
January 21, 2025
It’s common to wait until the last minute to file your federal tax return. But are there reasons to file early? Here’s the answer to that and other tax-filing questions.
The standard business mileage rate increased in 2025
January 20, 2025
The price of gas is slightly higher than it was a year ago. How does this affect the amount you can deduct for business driving in 2025? Here’s the latest on the cents-per-mile rate for this year.
Enhance financial reporting by forging a partnership between internal and external auditors
January 17, 2025
Attention, internal auditors: Let’s make a New Year’s resolution to work together more effectively in 2025.
