In some states, early voting for the 2024 election has already kicked off, but voters seek additional information on the candidates’ platforms, including their tax proposals. The details can be
In April 2024, the Federal Trade Commission (FTC) approved a final rule prohibiting most noncompete agreements with employees. The ban was set to take effect on September 4, 2024, but ran into
The IRS published new regulations regarding inherited IRAs and other defined contribution plans relevant to taxpayers subject to the “10-year rule” for required minimum distributions (RMDs). The final regulations, which
The Inflation Reduction Act allocated billions of dollars in additional funding to the IRS to help reduce the “tax gap” – the difference between what taxpayers owe and what they
The Setting Every Community Up for Retirement Enhancement (SECURE) 2.0 Act was signed into law in December 2022, bringing more than 90 changes to tax laws and retirement plans. Many of
The U.S. Department of Labor (DOL) has issued a new final rule regarding the salary threshold for determining whether employees are exempt from federal overtime pay requirements. The threshold is
For the third consecutive year, the IRS has provided guidance that gives some relief to taxpayers who fall under the “10-year rule” for required minimum distributions (RMDs) from inherited IRAs
The Inflation Reduction Act (IRA) created a variety of new rules to help taxpayers to use more renewable energy and adopt numerous energy efficient improvements. In particular, the law sets
To help you make sure you don’t miss any important 2024 tax deadlines, we’ve provided this summary of when various tax-related forms, payments, and other actions are due. Please review
The IRS has taken a series of actions since July 2023 in response to what they have called a “flood of ineligible claims” for the Employee Retention Tax Credit (ERTC).
