by Taxing Subjects | Nov 22, 2023 | Tax Tips and News
The window for claiming a pandemic-driven tax credit is still open to taxpayers who didn’t take advantage of it during the main Covid outbreak. But closing dates are approaching, making filing a claim for eligible taxpayers (tax years 2020 or 2021) a priority for tax...
by Taxing Subjects | Nov 13, 2023 | Tax Tips and News
The Internal Revenue Service has passed along an early Christmas present of sorts to many taxpayers by increasing the maximum contribution amounts for 401(k) plans in 2024. The contribution hike covers those employees who take part in 401(k), 403(b), or most 457...
by Taxing Subjects | Nov 2, 2023 | Tax Tips and News
As we prepare for the 2024 tax season, the IRS is also updating regulations for tax forms and filing requirements. One such regulation establishes a new threshold for electronic filing of certain returns. This change has implications for employers and taxpayers alike,...
