2024 Year-End Tax Tips
Here are some things to consider as you weigh potential tax moves between now and the end of the year. 1. Defer income to next year Consider opportunities to defer income to 2025, particularly if you think you may be…
After a Massive Breach, Is Your Data in Danger?
National Public Data, a consumer data broker, confirmed last week that a hacker had targeted the company in December 2023, "with potential leaks of certain data in April 2024 and summer 2024."Other reports indicate that this leaked data had been…
Tax Season News and Survival Tips
It's not easy to keep up with complex tax laws that always seem to be changing, much less figure out how they might affect you personally. Even so, it's important to consider the potential impact of taxes when making many…
BOI Filing Requirement
As of January 1, 2024, the Financial Crimes Enforcement Network (FinCEN) will require most legal entities to report its Beneficial Ownership Information (BOI). Entities required to report are called Reporting Entities. Reporting Companies consist of corporations, LLCs, or any business…
2023 End of Year Tax Letter
As we wrap up 2023, it’s important to take a closer look at your tax and financial plans and discuss steps that can be taken to reduce taxes and help you save for your future. As you know, we affectionately…
December Is Identity Theft Protection Awareness Month
December is Identity Theft Protection Awareness Month and we’re taking this month to share some ways you can help keep your identity safe. In 2021 alone, the Federal Trade Commission received 1.4 million reports of identity theft.1 Identity theft can happen…
Join us in Raising Awareness for Prostate Cancer
In the United States, 1 in 8 men will be diagnosed with prostate cancer in their lifetime. What is No Shave November? No Shave November is a campaign that occurs every year in the month of November to bring awareness…
There’s Still Time to Contribute to an IRA for 2021
Even though tax filing season is well under way, there's still time to make a regular IRA contribution for 2021. You have until your tax return due date (not including extensions) to contribute up to $6,000 for 2021 ($7,000 if…
What Is My Tax Bracket for the 2022 Tax Year?
It's never too early to start looking at your tax obligations for the coming tax season. The information in this article is for the 2022 tax year, which most taxpayers will file in 2023. The seven 2022 tax rates themselves…
Year-End Charitable Giving
With the holiday season upon us and the end of the year approaching, we pause to give thanks for our blessings and the people in our lives. It is also a time when charitable giving often comes to mind. The…