Where should you keep your estate planning documents?

You’ve likely put a great deal of time, effort and expense into implementing an estate plan that meets your goals. But unless your loved ones know that these … [Read more...]

The standard business mileage rate will be going up slightly in 2024

The optional standard mileage rate used to calculate the deductible cost of operating an automobile for business will be going up by 1.5 cents per mile in 2024. … [Read more...]

Tips for a Smooth Tax Season

With tax season officially underway, here are tips to make filing your return as stress-free as possible: Gather your tax information for filing Items you'll … [Read more...]

Fraud prevention strategies for entrepreneurs and small businesses

Fraud occurs in companies of every size. But small businesses, especially new ones, have special risks because they generally can’t invest in expensive … [Read more...]

2024 Q1 tax calendar: Key deadlines for businesses and other employers

Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2024. Keep in mind that this list isn’t … [Read more...]

IRS delays new reporting rule for online payment processors

For the second consecutive year, the IRS has postponed implementation of a new rule that would have led to an estimated 44 million taxpayers receiving tax forms … [Read more...]

SECURE 2.0 Act 2023 Provisions

Congress passed a new act called the Securing a Strong Retirement Act of 2022 (commonly referred to as SECURE 2.0) as part of the Consolidated Appropriations … [Read more...]

SECURE 2.0 Act Provisions Coming In 2024 And Beyond

Some SECURE Act 2.0 provisions have already come into effect in 2023, but it will continue to have a huge impact on the US retirement system due to new … [Read more...]

Key 2024 inflation-adjusted tax parameters for small businesses and their owners

The IRS recently announced various inflation-adjusted federal income tax amounts. Here’s a rundown of the amounts that are most likely to affect small … [Read more...]