Tag: IRS
-
Here comes the IRS: How to Stay Prepared with the new 1099 Forms, Audits and More!
With the start of each tax season, the IRS is right around the corner, and it’s important to be prepared. This video will provide you with everything you need to know about the new 1099 forms, how to handle IRS audits, and much more. We’ll go through the latest information and tips to help you…
-
Save more; increased retirement plan contribution limits for 2023
Each year, the IRS sets the contribution limits for 401(k)-style plans, and Individual Retirement Accounts (IRAs). These increases are based on inflation, and this year, we’ve experienced quite a bit of that. HSA plans also received an increase announcement earlier in 2022, for those of you wondering. 401(k), 403(b), and 457(b) The 2023 contribution limitRead…
-
Take advantage of this big tax savings in 2022
While we all have to pay taxes, and most just blindly accept this fact, there are some things we can do to minimize the impact. Below we’ll explain a major tax savings opportunity for 2022.
-
Here is why everyone is afraid of the IRS
When anyone hears the acronym ‘IRS’, which stands for Internal Revenue Service, they experience a quick bout of fear, followed by a moment of relief that they’re not on the audit list, followed by thoughts of wonder as to why the IRS even exists. This is completely normal behavior, and we’re here to support you!Read…
-
Health Savings Accounts: new contribution limits for 2023
the IRS announced the new contribution limits which will apply to Health Savings Accounts (HSAs) starting in January of 2023