2024 Year-end Letter
Dear Clients and Friends, As the 2024 year concludes, it is the best and last opportunity to implement and maximize... View Article
December 3, 2024 4:38 pmCategories for Uncategorized
OHIO ANNOUNCES JANUARY 1, 2022, MINIMUM WAGE
The state of Ohio has provided a notice stating that, effective January 1, 2022, the minimum wage rate for non-tipped... View Article
November 19, 2021 12:18 pmRetirement Plan and Other Benefit Limitations
The Internal Revenue Service announced the dollar limitations for retirement plans and other benefits. 1 This limit and the catch-up... View Article
November 19, 2021 12:15 pmNew Cryptocurrency Asset Information Reporting
The Infrastructure Investment and Jobs Act of 2021 (IIJA) was signed into law on Nov. 15, 2021. The IIJA includes... View Article
November 19, 2021 12:04 pmIRS Online Tools
In an information release (IR), the IRS announced a new identity verification process that taxpayers will use to access IRS... View Article
November 19, 2021 11:57 amTAX WITHHOLDING: THE NEW FORM W-4
Form W-4, Employee’s Withholding Certificate, has been redesigned. Previously, income tax withholding was based on an employee’s marital status and withholding... View Article
June 25, 2021 11:34 am2021 ADVANCED CHILD CREDIT
Recently, there were changes made to the child tax credit that will benefit many taxpayers. As part of the American... View Article
June 25, 2021 11:27 am2021 HSA and HDHP Limits
June 25, 2021 11:24 am2021 FICA Wage Base
SOCIAL SECURITY (FICA) TAXABLE EARNINGS WAGE BASE The taxable wage cap is subject to an automatic cost-of-living adjustment (COLA) each... View Article
June 25, 2021 11:22 am
