News List

IRS proposes Rule Changes To 403 (b) Retirement Accounts

The Internal Revenue Service (IRS) proposed rule changes relating to Section 403(b) retirement plans relating to the required minimum contributions (RMD), annuity contracts…

New Worlds Reading Initiative Tax Credit and Strong Families Tax Credit for Corporate Income Tax and Insurance Premium Tax

Legislation is now considered that would allow corporate income taxpayers and insurance premium taxpayers to apply for a tax credit allocation from the state fiscal year cap…

Protect Your Emergency Fund From Inflation

Most financial experts suggest keeping three to six months worth of household expenses in savings to help in case of emergency. But with record inflation, that task just got a lot harder…

Help Your High School Student Become Money Smart

Often lost in the race to get kids through high school and on to life in the real world are basic financial skills. Here are a dozen financial concepts to consider explaining to your kids before graduating high school.

Common April Tax Questions Answered!

The individual tax deadline of April 18th (yes, this year it’s April 18th!) is fast approaching. Here are answers to five common questions that taxpayers typically ask in April.

Physicians who received Provider Relief Funds can get a reporting extension in some circumstances

The Health Resources & Service Administration is granting a reporting extension for those who faced extenuating circumstances for physicians who received Provider Relief Funds to help mitigate the effects of COVID-19 on their practice.

Building Reserves and Endowments in Phases

Endowments help non-profit organizations conduct activities to achieve their mission but not all organizations have an endowment. This is why having reserves or at least reserve strategies is…

Cryptocurrency: The IRS is Watching You!

Whether you own cryptocurrency or not, everyone should know the tax rules surrounding this type of property as it becomes more popular. If you have one take away regarding cryptocurrency, it should be this: Remember that Uncle Sam is watching you!

Yikes! It’s that Bad? The 1040 tax instruction publication lays it all out

Any way you look at it, the federal government’s spending habits are a big mess. As required by law, in every Form 1040 instruction booklet there’s a section that shows where our federal government gets its money and where it is spent.

IRS to Send Recap of Economic Impact and Child Tax Payments

The IRS recently announced it will be sending out a recap of payments sent to taxpayers for the multiple rounds of Economic Impact Payments and Advanced Child Tax Payments. Here is what you need to know.

Easy-to-Overlook Tax Documents

This year is a little more challenging. With tax season now officially underway, here are several tax documents that may be easy to miss in your mailbox or inbox:

Great Tips for Your Home-Based Business

Home-based businesses can be financially rewarding and provide a certain amount of flexibility with your day-to-day schedule. Here are some tips to keep your business running at full steam.