Posted on March 31, 2023
by
Angie Adames
Gathering required documents and preparing to file federal tax returns each year can become a very cumbersome process. While U.S. tax laws allow individuals to request a six-month filing extension, they require individuals to pay their 2022 tax bills by the original April tax filing deadline, which, for 2023, is April 18. Failure to pay […]
Posted on March 23, 2023
by
Steven Rubin
With the start of a new year, the IRS announced the inflation adjustments taxpayers may use to determine the deductible costs of operating a motor vehicle for business, charitable and medical purposes. Alternatively, taxpayers may calculate these deductible expenses based on the actual costs they incur to use their vehicles. Effective Jan. 1, 2023, the […]
You have a broad range of opportunities to save money during your working years so that you may afford a comfortable retirement in the future. Yet, with each type of retirement savings plan comes a unique set of rules and requirements, including procedures for paying taxes on your plan contributions and earnings. In the most […]
Posted on March 16, 2023
In this episode, Associate Director of Tax Services Kevin McNally explains how the Inflation Reduction Act will impact individual taxpayers.
In this episode, business advisor Richard Berkowitz shares things entrepreneurs need to think about long before it is time for them to retire, sell or cash out.