Your max contributions to 401(k) plans for 2025 increase to $23,500, up from $23,000 for 2024, according to the IRS. The tax agency also issued
Donald Trump has taken office and everyone is wondering what this means for taxes. That’s a big question! Tax policies and initiatives that are currently
There are many tax uncertainties to consider as we face the end of 2024. Chief among them is whether proposals from the presidential candidates will
The end of the year brings company parties, holiday parties, and family parties. For those of us in payroll, there’s also third-party sick pay. Put
Business meals: yes or no on deductions? In brief, you cannot take a deduction for any expense related to activities generally considered entertainment, amusement or recreation. However,
The U.S. tax code is complicated and often hard to understand, with many provisions, credits and disallowances. Let’s review a few credits that many people
The following is not a comprehensive list of all changes, but a summary of key adjustments that will affect a wide range of taxpayers:
View Post Do not imagine information overload is new. Eight hundred years ago, Vincent of Beauvais, a Dominican friar, related to the challenge in his
Companies and workers had to rapidly adjust and improvise during the first months of the COVID-19 pandemic. Now that work-from-home routines and policies have become
