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The 2024 Cost-of-Living Adjustment Numbers Have Been Released: How Do They Affect Your Year-End Tax Planning?

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The IRS recently issued its 2024 cost-of-living adjustments for more than 60 tax provisions. With inflation moderating slightly this year over last, many amounts will increase over 2023 amounts but […]

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Take Action Now to Reduce Your 2023 Income Tax Bill

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A number of factors are making 2023 a confounding tax planning year for many people. They include turbulent markets, stabilizing but still high interest rates and significant changes to the […]

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The Advantages of Outsourcing Payroll: Your Path to Stress-Free Compensation Management

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By: Toni Horsch  Payroll – it’s a vital, yet often overlooked, component of running an organization.   Imagine you’ve put in your hours, but your paycheck doesn’t quite add up, […]

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IRS Offers a Withdrawal Option to Businesses that Claimed ERTCs

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Recent IRS warnings and announcements regarding the Employee Retention Tax Credit (ERTC) have raised some businesses’ concerns about the validity of their claims for this valuable, but complex, pandemic-related credit […]

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A Refresher on the Trust Fund Recovery Penalty for Business Owners and Executives

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One might assume the term “trust fund recovery penalty” has something to do with estate planning. It’s important for business owners and executives to know better. In point of fact, the […]

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