Inflation means you and your employees can save more for retirement in 2023
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 ...
Continue Reading What do the 2023 cost-of-living adjustment numbers mean for you?
What do the 2023 cost-of-living adjustment numbers mean for you? The IRS recently issued its 2023 cost-of-living adjustments for more than 60 tax provisions. With ...
Continue Reading Inflation Reduction Act expands deductions for energy-efficient construction
Mitigating the adverse effects of climate change is one of the primary targets of the recently enacted Inflation Reduction Act (IRA). To that end, the ...
Continue Reading Manageable growth should be a strategic planning focus
When a company’s leadership engages in strategic planning, growing the business is typically at the top of the agenda. This is as it should be ...
Continue Reading Plan now to make tax-smart year-end gifts to loved ones
Are you feeling generous at year end? Taxpayers can transfer substantial amounts free of gift taxes to their children or other recipients each year through ...
Continue Reading What local transportation costs can your business deduct?
You and your small business are likely to incur a variety of local transportation costs each year. There are various tax implications for these expenses. ...
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