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You may be able to make a deductible IRA contribution for last year this year
If you’re getting ready to file your 2024 tax return and your tax bill is higher than you’d like, there may still be a chance to lower it. If you’re...
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If you’re getting ready to file your 2024 tax return and your tax bill is higher than you’d like, there may still be a chance to lower it. If you’re...
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From the moment they launch their companies, business owners are urged to use key performance indicators (KPIs) to monitor performance. And for good...
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The IRS announced it will start the 2025 filing season for individual income tax returns on January 27. That’s when the agency began accepting and...
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The nationwide price of gas is slightly higher than it was a year ago and the 2025 optional standard mileage rate used to calculate the deductible...
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Once you reach age 73, tax law requires you to begin taking withdrawals — called Required Minimum Distributions (RMDs) — from your traditional IRA,...
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Understanding how to deduct transportation costs could significantly reduce the tax burden on your small business. You and your employees likely...
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When deciding on the best structure for your business, one option to consider is a C corporation. This entity offers several advantages and...
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Saving for retirement is a crucial financial goal and a 401(k) plan is one of the most effective tools for achieving it. If your employer offers a...
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As a small business owner, managing health care costs for yourself and your employees can be challenging. One effective tool to consider adding is a...
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Inflation can have a significant impact on federal tax breaks. While recent inflation has come down since its peak in 2022, some tax amounts will...
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You’re not alone if you’re confused about the federal tax treatment of business-related meal and entertainment expenses. The rules have changed in...
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When start-ups launch, their focus is often on tightly controlling expenses. Most need to establish a brand and some semblance of stability before...
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The Inflation Reduction Act (IRA), enacted in 2022, created several tax credits aimed at promoting clean energy. You may want to take advantage of...