Aug 9, 2023 | News to Note
From Forbes — By Sean Hanlon — 2023 Federal Tax Forms 1099-DIV – Reports ordinary and qualified dividends and short- and long-term capital gains distributions for taxable and tax-exempt accounts. 1099-B – Reports exchange and redemption activity in non-IRA...
Aug 2, 2023 | News to Note
From Kiplinger Personal Finance — By Sandra Block — Thanks to recent changes in the law on inherited IRAs, your tax bill from any inheritance could be larger than you expect. New rules for inherited IRAs could leave some heirs with a hefty tax bill. In the first...
Jul 26, 2023 | News to Note
From the IRS — IRS urges extra caution with flood of scams involving Economic Impact Payments, Employee Retention Credits, and tax refunds WASHINGTON — The Internal Revenue Service warned taxpayers today to be on the lookout for a summer surge of tax scams as identity...
Jul 19, 2023 | News to Note
From Forbes — By Kelly Phillips Erb — Are tax troubles on your mind? Monday was National Get Out Of The Doghouse Day. Why not take advantage of the opportunity to clean up your finances and resolve your tax issue? Getting started now will help get you out of the...
Jul 12, 2023 | News to Note
From Money Talks News — By Karla Bowsher — The federal government regularly adjusts everything from Social Security benefits to retirement account limits to account for inflation. The same goes for some key aspects of federal income taxes, including the standard...
Jul 5, 2023 | News to Note
From Forbes.com — By Vlad Rusz — When you have a profitable year, you might be looking at ways to decrease your taxable income, and thus your taxes. There are many ways to achieve this, and many business owners come across advice to “just buy some assets,” especially...
