Avoid Forfeiting FSA Funds – But Act Fast
Do you have a tax-saving flexible spending account (FSA) with your employer to help pay for health care expenses? For 2021, FSA participants could contribute up to $2,750 of pre-tax …
Hiring? You may be eligible for a valuable credit.
Are you a business owner who needs to hire? Be aware that a law enacted at the end of 2020 extended through 2025 a credit for employers that hire individuals …
Slim Your 2021 Tax Bill by Fattening Your IRA
If you didn’t get around to contributing to an IRA in 2021 and you’re looking for ways to lower your tax bill, you may still have an option. Qualified taxpayers …
Submit Your Tax Return Before the Due Date – Here’s why.
They say the early bird gets the worm. Early federal income tax filers may get a couple of worms, which is a good thing in this metaphor. Although it may …
Could Your Company Use a Heavy SUV?
Many businesses need to invest in heavy sport utility vehicles (SUVs) to transport equipment and provide timely services. Fortunately, they may be able to claim valuable tax deductions for the …