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Top Reasons Taxpayers End Up in Court and How to Avoid Them
on April 30, 2024 at 8:00 am
Tax law is as complex as it is daunting. Each year, countless taxpayers find themselves entangled in disputes that lead to the tax court. Understanding the most litigated tax issues can empower you and your business to navigate the tax maze more […]
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Does Your Employer Offer Emergency Savings Accounts?
on April 30, 2024 at 8:00 am
Article Highlights: Understanding Emergency Savings Accounts Plan Contributions Automatic Enrollment Opting Out of Automatic Enrollment Roth-Like Basis and Employer Matching Contributions Withdrawals and Transition Options In a significant move to […]
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Video Tips: Did you overlook something on your tax return?
on April 27, 2024 at 8:00 am
It is not uncommon to discover that an item of income was overlooked, a deduction was not claimed, or that an amended tax document was received after a tax return was already filed. Regardless of whether the oversight will result in more tax due or a […]
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Gift and Estate Tax Primer
on April 25, 2024 at 8:00 am
Article Highlights: Exclusions from Gift and Estate Taxes Annual Gift Tax Exclusion Gifts for Medical Expenses and Tuition Lifetime Exclusion from Gift and Estate Taxes Spousal Exclusion Portability Qualified Tuition Programs Basis of Gifts The tax […]
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Video Tips: Are You Ignoring Your Retirement Planning?
on April 23, 2024 at 8:00 am
Some people ignore or put off planning for their future retirement needs. Although the retirement phase of life may seem to be far in the future, to retire comfortably, people should start planning for it early in life.
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Tax Facts about Claiming Tax Benefits for Childcare Expenses
on April 23, 2024 at 8:00 am
Article Highlights: Credit For Childcare Credit Percentage Child Qualifications Employment-Related Expense Taxpayer Earnings Limits Full-Time-Student or Disabled Spouse Qualifying Care Other Facts and Issues Tactic for Maximizing Credit Many parents […]
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Unlocking the Secrets of the SMB Business Life Cycle
on April 22, 2024 at 8:00 am
Understanding your company's journey from inception to maturity is not optional if you want to have a successful career as a business owner. The business life cycle, a concept thoroughly explored by experts in corporate finance, serves as an essential […]
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May 2024 Business Due Dates
on April 20, 2024 at 8:00 am
May 10 - Social Security, Medicare and Withheld Income Tax File Form 941 for the first quarter of 2024. This due date applies only if you deposited the tax for the quarter in full and on time. May 15 - Employer's Monthly Deposit Due If you are an […]
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May 2024 Individual Due Dates
on April 20, 2024 at 8:00 am
May 10 - Report Tips to Employer If you are an employee who works for tips and received more than $20 in tips during April, you are required to report them to your employer on IRS Form 4070 no later than May 10. Your employer is required to withhold […]
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Payroll Management: A Complete Guide for SMBs
on April 19, 2024 at 8:00 am
Payroll taxes can be a significant headache for many small—to medium-sized business owners. Without proper education, entrepreneurs can find themselves in trouble with the IRS and state tax agencies. Fortunately, if you've been struggling with […]
