by Admin | Aug 23, 2022 | Business Taxes, Entrepreneurial, Individual Taxes, Tax Planning
Please visit https://www.epi.org/minimum-wage-tracker/ to stay up to date on State and Federal minimum wage amounts. EPI is an independent, nonprofit think tank that researches the impact of economic trends and policies on working people in the United States. EPI’s...
by Admin | Aug 15, 2022 | Business Taxes, Entrepreneurial, Individual Taxes, Tax Planning
IRS announces interest rate increases for the fourth quarter of 2022; 6% rate applies to most taxpayers starting Oct. 1. (2022, August 15). Internal Revenue Service. Retrieved August 15, 2022, from...
by Admin | Aug 10, 2022 | Individual Taxes, Tax Planning
New school year reminder to educators; maximum educator expense deduction rises to $300 in 2022. (2022, August 10). Internal Revenue Service. https://www.irs.gov/newsroom/new-school-year-reminder-to-educators-maximum-educator-expense-deduction-rises-to-300-in-2022...
by Admin | Aug 9, 2022 | Business Taxes, Entrepreneurial, Individual Taxes, Uncategorized
The word “audit” tends to strike fear in the hearts of American taxpayers, but the truth is that not every audit is a result of a problem, or that the Internal Revenue Service suspects you of wrongdoing. There are several reasons why the IRS might want to audit your...
by Admin | Aug 2, 2022 | Individual Taxes, Tax Planning
If you are financially well off, you may want to gift money or property to family members or others you care about. If that is the case, there are some gift tax issues you should be aware of. Oh yes, the government even taxes gifts if they are large enough, so it is...
by Admin | Jul 28, 2022 | Business Taxes, Individual Taxes, Tax Planning
If you sold your home this year or are thinking about selling it, there are many tax-related issues that could apply to that sale. To help you prepare for reporting the sale you may have already made or make you aware of what issues you may face if you are in the...
