by Admin | Dec 22, 2022 | Individual Taxes, Tax Planning
Before you become distracted with the seasonal celebrations, it may be in your best interest to consider year-end tax moves that can benefit you for both 2022 and 2023. Having the Congressional members preoccupied with the November mid-term elections has sidelined, at...
by Admin | Dec 20, 2022 | Individual Taxes, Tax Planning
If you’ve been following the news recently, you’re no doubt aware of a massive round of layoffs that struck one of the most popular social media sites in existence, Twitter. Under the direction of new owner Elon Musk, it was estimated that as many as 3,700...
by Admin | Dec 15, 2022 | Business Taxes, Individual Taxes, Tax Planning
Virginia’s interest rates will change for the first quarter of 2023. The underpayment and overpayment rates for Virginia taxes are 2% higher than the corresponding federal rates. Federal rates for the first quarter of 2023 will be 7% for tax underpayments...
by Admin | Dec 13, 2022 | Individual Taxes, Tax Planning
It’s been a rough Fall for the stock market. So much so that you should probably carefully review your portfolio and other capital transactions to minimize gain or maximize losses for the year. Remember, capital gains and losses are not just limited to stock...
by Admin | Dec 8, 2022 | Business Taxes, Tax Planning, Tax Scams
Have you seen those ads on television or received email solicitations promoting a large tax credit? The large tax credit they are referring to is the employee retention tax credit (ERTC). The ERTC is a government-sponsored program to keep workers employed during 2020...
