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Important Life Events To Share With Your Accountant
Important Life Events To Share With Your Accountant Informing your accountant about crucial life changes is essential for proper financial management and tax planning. Firstly, if you move to a different state, notify the IRS and update your address for
The IRS Cracks Down on Crypto Tax Evasion Surge
The IRS Cracks Down on Crypto Tax Evasion Surge The Internal Revenue Service (IRS) crime unit, which played a pivotal role in the Binance Holdings Ltd. Investigation for money laundering and bank fraud, is witnessing a significant increase in cases
Should AI Write Your Resume?
Should AI Write Your Resume? The beginning of the year is a common time for employees to reflect on their careers and consider making changes. Should they use AI to help them write their resume? Advantages of Using AI to
Energize Your Savings: Exploring Tax Credits for a Greener Home
Energize Your Savings: Exploring Tax Credits for a Greener Home Embracing a more energy-efficient future, the Inflation Reduction Act of 2022 has paved the way for homeowners to readily harness tax credits, enabling them to save money by paying less
Strategic Year-End Tax Planning for Businesses: Maximize Savings and Minimize Liabilities
Strategic Year-End Tax Planning for Businesses: Maximize Savings and Minimize Liabilities As the end of the calendar year approaches, businesses have a unique opportunity to engage in strategic tax planning to optimize their financial position. In this blog, we'll explore
Year End Tax Tips
Year-End Tax Tips 1. Review your portfolio. Consider harvesting losses to offset your capital gains. 2. Max out your retirement plan contributions. The 2023 maximum IRA contribution is $6,500 (plus $1,000 if age 50 or over) and you can make