How Interest Is Taxed On Your Savings Bonds
You may be wondering how the interest you earn is taxed on your savings bonds. Many have purchased or gifted savings bonds that they don’t know what to do with.
You may be wondering how the interest you earn is taxed on your savings bonds. Many have purchased or gifted savings bonds that they don’t know what to do with.
How does your business acquire computer software? Lots of businesses buy or lease software but still, many do develop their own. No matter how you get your software, it’s important
Two tax benefits are available to offset the expenses of adopting a child. In 2022, adoptive parents may be able to claim a credit against their federal tax for up
As a business owner, you understand the cost of employee health care benefits is rising. An employer-sponsored HSA is one way to provide some of these benefits. An HSA offers
According to Notice 2022-44 from the IRS, various regulations outline the rules for using a per diem rate to substantiate the amount of ordinary and necessary business expenses paid or
The Internal Revenue Service has released the tax year 2023 annual inflation adjustments for dozens of tax provisions, including the tax rate schedules and other tax changes. Here are some
The IRS announced that the amount individuals can contribute to their 401(k) plans in 2023 has increased to $22,500, up from $20,500 for 2022. This also applies to 403(b), most
The effects of inflation are all around. You’re probably paying more for gas, food, health care, and other expenses than you were last year. Are you wondering how high inflation
How much can you and your employees contribute to your 401(k)s next year — or other retirement plans? In Notice 2022-55, the IRS recently announced cost-of-living adjustments that apply to
You’ve probably heard of the “nanny tax.” Even if you don’t employ a nanny, it may apply to you. Hiring a house cleaner, gardener, or other household employee (who isn’t