How much can you and your employees contribute to your 401(k)s or other retirement plans next year? In Notice 2024-80, the IRS recently announced cost-of-living…
The outcome of the November 5 election is likely to significantly impact taxes. Many provisions in President-elect Donald Trump’s signature tax legislation from his first time…
In recent years, the residential real estate market has surged in many areas. That means many homes have greatly appreciated. If seniors are thinking about…
To prepare for a business audit, an IRS examiner generally researches the specific industry and issues on the taxpayer’s return. Examiners may use IRS Audit…
It’s almost holiday season, so taxes probably aren’t top of mind for most taxpayers. But along with the festivities, it’s also a good time to…
As 2024 is nearing its end, now is a good time to consider year-end tax planning strategies to help reduce the tax your business will…
As you prepare for year-end, there are some valuable tax credits that you may want to consider. If your business qualifies, these often-overlooked tax credits…
If you own a small business with no employees (other than your spouse) and want to set up a retirement plan, consider a solo 401(k)…
As we approach 2025, changes are coming to the Social Security wage base. The Social Security Administration recently announced that the wage base for computing…
When evaluating the financial performance of a construction company, lenders, sureties and other stakeholders often want more than just an income statement, balance sheet and…