by admin | Nov 29, 2021 | IRS
The Social Security Administration will never threaten, scare, or pressure you to take an immediate action. If you receive a call, text, or email that… cell phone image Threatens to suspend your Social Security number, even if they have part or all of your...
by admin | Nov 29, 2021 | IRS
The IRS reminds taxpayers there are things they should do before the current tax year ends on Dec.31. Donate to charityTaxpayers may be able to deduct donations to tax-exempt organizations on their tax return. As people are deciding where to make their donations, the...
by admin | Nov 17, 2021 | IRS
Next year taxpayers can put an extra $1,000 into their 401(k) plans. The IRS recently announced that the 2022 contribution limit for 401(k) plans will increase to $20,500. The agency also announced cost‑of‑living adjustments that may affect pension plan and other...
by admin | Sep 22, 2021 | IRS
What employers need to know when classifying workers as employees or independent contractors It is critical for business owners to correctly determine whether the individuals providing services are employees or independent contractors. An employee is generally...
by admin | Sep 21, 2021 | IRS
Renewed work opportunity tax credit can help employers hire workers With many businesses facing a tight job market, the IRS reminds employers to check out the work opportunity tax credit. Resent legislation extended this credit through the end of 2025. This...
by admin | Sep 16, 2021 | IRS
October 15 is fast approaching. That’s the last day to file for most people who requested an extension for their 2020 tax return. These taxpayers can file any time on or before Friday, October 15 if they have all their required tax-related documents. They should...
