Taxes
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Accountant Charged With Embezzling $800,000 From Paving Firm in California
Feds Accuse Kansas CPA of Embezzling Money From Client to Build New Home
Mortgage Rates Climb to 7.17%
More Companies are Enhancing Strategies to Retain Key Staff During M&As
New Incentives for Qualified Charitable Distributions
The new law enhances the benefits of making “qualified charitable distributions” (QCDs) from a taxpayer's IRAs.
A Last-Minute Way to Increase a Tax Refund or Lower Your Tax Bill
Tax season may be in full swing, but there’s still time to make a smart money move that often goes overlooked by taxpayers.
Here is What Daniel Werfel Said to IRS Employees During His First Day as Commissioner
Werfel was sworn in Monday as the 50th commissioner in the history of the IRS.
Secure 2.0 Offers New Tax Incentives for Small Business Retirement Plans
The credit is for businesses with up to 100 employees, but the credit is reduced by 2% per employee over 50 employees earning less than 100,000/year.
Court Says Most of California’s Gig Worker Law is Valid; Prop. 22
For gig workers, Prop 22 preserved flexible schedules associated with remaining a contractor but took away protections giving gig workers classification as employees.
2023 Changes for Required Minimum Distributions
These changes provide more flexibility and tax relief to owners of retirement accounts. If you have any questions, don’t hesitate to contact your tax and financial advisors.
Up to 45 Percent of Americans Have a Side Hustle
73% of workers with a side hustle are actively thinking about quitting their job. 60% of workers said that they would rather quit their job than return to the office five days a week.
Feds Say Silicon Valley Bank Deposits Safe, Create New Backstop
The Treasury Department, Federal Reserve and Federal Deposit Insurance Corp. jointly announced the efforts aimed at strengthening confidence in the banking system