Latest Newsletter Edition

Several IRS rule changes for tax year 2024 will affect millions of people filing their returns this spring. These changes may create new opportunities to lower your tax bill or increase your refund.

First, standard deductions …

Under the rules of the Corporate Transparency Act (CTA), most U.S. companies, including many small businesses, must disclose ownership information to the federal government. Specifically, affected business entities must file a report of beneficial ownership …

March

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Employees Who Work for Tips – If you received $20 or more in tips during February, report them to your employer. See Pub. 531 for more information on how to report tips to your employer.

17
S …