Social Security benefits: Do you have to pay tax on them?June 7, 2022Educational ArticlesSome people who begin claiming Social Security benefits are surprised to find out they’re taxed by the federal government on…Read More
Partners may have to report more income on tax returns than they receive in cashMay 25, 2022Educational ArticlesAre you a partner in a business? You may have come across a situation that’s puzzling. In a given year,…Read More
Businesses: Prepare for the lower 1099-K filing thresholdMay 16, 2022Educational Articles Businesses should be aware that they may be responsible for issuing more information reporting forms for 2022 because more…Read More
Inflation enhances the 2023 amounts for Health Savings AccountsMay 10, 2022Educational ArticlesThe IRS recently released guidance providing the 2023 inflation-adjusted amounts for Health Savings Accounts (HSAs). High inflation rates will result…Read More