by Admin | Feb 18, 2026 | Individual Taxes, Uncategorized
In recent years, the financial landscape has seen tremendous shifts, with rising participation in the gig economy and increased online sales activities. Accompanying these changes is the heightened need for transparent income reporting. One tool designed to aid in...
by Admin | Jan 17, 2026 | Uncategorized
If you’re dreaming about London, Paris, or a Mediterranean cruise in 2026, there’s a new line item you’ll want to watch for on your receipts: tourist taxes. Around the world, governments are leaning on visitor levies and entry fees to fund infrastructure, preserve...
by Admin | Oct 29, 2024 | Uncategorized
During the 2020 Regular Session, the General Assembly reenacted the Virginia Minimum Wage Act. The new statute stated the Commissioner of Labor and Industry shall establish the adjusted state hourly minimum wage by October 1, 2024, to take effect on January 1, 2025,...
by Admin | Sep 12, 2024 | Uncategorized
As educators gear up for the new school year, the IRS reminds schoolteachers that the maximum deduction for classroom expenses in 2024 remains at $300. This deduction allows educators to offset the cost of supplies, materials and other classroom essentials, providing...
by Admin | Sep 10, 2024 | Uncategorized
The Corporate Transparency Act (CTA), enacted as part of the Defense Authorization Act for Fiscal Year 2021, represents a significant legislative effort to enhance corporate transparency and combat illicit financial activities in the United States. The CTA mandates...
