Gear up to make some last-minute tax moves with these often-overlooked tax credits and deductions. Keep reading to see what you could be implementing in your tax plan.
Gear up to make some last-minute tax moves with these often-overlooked tax credits and deductions. Keep reading to see what you could be implementing in your tax plan.
The Internal Revenue Service (IRS) announced the updated contribution limits to retirement plans in Notice 2022-55. The new limits are valid beginning in the tax year 2023. Find out the new limits and how they may affect your retirement strategy.
A key provision of the American Rescue Plan Act passed in 2021 includes lowering the thresholds that trigger a Form 1099-K – Payment Card and Third-Party Network Transactions. This means businesses and individuals may receive this form for tax year 2022, something they may not have seen in previous years.
A merger or acquisition rarely runs smoothly. Having the right professionals on your team and knowing what questions to ask can help ease any tax challenges. Here are eight questions to help transition from separate entities to consolidated or subsidiary status.
The Internal Revenue Service will raise the optional standard mileage rate for the final six months of 2022 to help offset the rise in gas prices nationwide.
For many businesses, it’s been a minute since they’ve had to account for employee travel expenses. So it might be time for a refresher on which expenses are tax-deductible, which aren’t, and what pandemic-related tax incentives are available.
The IRS continues to work through a backlog of millions of paper-filed returns and correspondence from the 2021 tax filing season. Add staffing challenges and congressional underfunding to the issue, and trying to track down a missing refund or deal with an unexpected tax notice is bound to be frustrating.
Here are three steps you can take to boost security at your business and keep scammers at bay.
As 2021 comes to a close, it’s essential to take a closer look at your tax and financial plans. This year brought challenges and disruptions that likely impacted your personal and financial situation –– a continued global pandemic, several significant natural disasters, new tax laws, and political shifts.
Goering & Granatino, P.A. has merged Jeff Katz, CPA into the firm effective November 15.