by Admin | Jan 24, 2024 | Individual Taxes, Tax Planning
The tax code allows employers to provide their employees with a variety of tax-free fringe benefits. Not all employers will offer all, or even some, of the possible fringe benefits. But you should check with your employer to see what, if any, fringe benefits might be...
by Admin | Jan 24, 2024 | Business Taxes, Entrepreneurial, Individual Taxes
In the wake of the pandemic, remote work has become the new norm for many American workers. As businesses across a wide range of industries have shifted to a remote model, employees and employers alike have experienced numerous benefits such as reduced overhead costs,...
by Admin | Jan 24, 2024 | Business Taxes, Entrepreneurial
As a small business owner, the word ‘audit’ can be a source of anxiety. However, understanding the common triggers for an IRS audit and taking proactive steps can significantly reduce the likelihood of facing one. This article explores the factors that...
by Admin | Jan 10, 2024 | Individual Taxes, Tax Planning
The Internal Revenue Service announced Monday, Jan. 29, 2024, as the official start date of the nation’s 2024 tax season when the agency will begin accepting and processing 2023 tax returns. The IRS expects more than 128.7 million individual tax returns to be...
by Admin | Jan 10, 2024 | Business Taxes
With tax season rapidly approaching, the IRS reminds employers that Jan. 31 is the deadline for submitting wage statements and forms for independent contractors with the government. Employers must file their copies of Form W-2, Wage and Tax Statement, and Form W-3,...