by Admin | Apr 22, 2024 | Individual Taxes, Tax Planning
Tax legislation passed in late 2017 nearly doubled the standard deduction for years 2018 through 2025, and now about 90% of individuals filing a tax return are taking advantage of the higher standard amount and are not itemizing their deductions. For the 10% of filers...
by Admin | Apr 3, 2024 | Business Taxes, Entrepreneurial, Tax Planning
As the winds of economic uncertainty continue to blow, many businesses find themselves sailing through turbulent waters. With high interest rates and mounting consumer debt, fears of an impending recession loom large. But amid these challenges lies an opportunity for...
by Admin | Apr 3, 2024 | Business Taxes, Entrepreneurial, Tax Planning
In the bustling world of small businesses, where every decision can significantly impact your bottom line, overstaffing can be a major problem. One of the main reasons for this is that hiring too many employees can happen before you even realize it – you might be...
by Admin | Apr 3, 2024 | Individual Taxes, Tax Planning
As Millennials continue to navigate their financial journeys, understanding key tax and personal finance topics is crucial for achieving long-term prosperity. In this article, we’ll explore some of the most important issues facing Millennials today, providing...
by Admin | Mar 6, 2024 | Individual Taxes, Tax Planning
Most U.S. citizens and permanent residents who work in the United States need to file a tax return if they make more than a certain amount for the year. This includes U.S. citizens and permanent residents working outside the U.S. ...
by Admin | Mar 6, 2024 | Business Taxes, Tax Planning
The U.S. Department of Labor (DOL) announced on Jan. 9, 2024, the issuance of its final rule regarding whether a worker is an employee or an independent contractor under the federal Fair Labor Standards Act (FLSA). The new rule, which becomes effective March 11, 2024,...
