The SECURE 2.0 Act, enacted late in 2022, creates new tax-saving opportunities for retirement savers — in some cases, with assistance from employers. Here's an overview of the key changes taking effect this year. https://t.co/cSbW9KnGpH
Employer stock options are a potentially valuable asset for recipient employees, especially those who work for start-ups or high-growth companies. Here's a summary of the federal income tax rules for incentive stock options (ISOs). https://t.co/gwI9DJYTNb
January is Cervical Cancer Awareness Month. Let's spread knowledge, encourage screenings, and support those affected. Early detection saves lives. To learn more, visit: https://t.co/WM4eNEc2Q3
Is your business struggling with a shortage of skilled workers in today's tight labor market? One possible option is to invest in education programs to upskill your current employees. Here are some possible options for employers and the related tax rules. https://t.co/q9haX4DJpK
January is National Donate Blood Month, and the American Red Cross is in URGENT NEED of donors. We want to encourage our employees, friends and colleagues to donate. Please visit https://t.co/K3lSaY8h6L to find a donation center near you.
In a tight labor market, paid family and medical leave is rapidly becoming more of an expected benefit than just a perk. The good news is the Section 45S federal tax credit for family medical leave programs can help your organization. https://t.co/hAFVf1E8va
The flat 21% corporate federal income tax rate ushered in by the Tax Cuts and Jobs Act made the idea of operating your business as a C corporation more attractive than before. https://t.co/8gynDZ2rhJ
The gift tax exclusion is among the most valuable tools available to transfer assets to family and other loved ones without ending up with an unwelcome tax bill for the givers or recipients. https://t.co/3oLyjP3OVX
Businesses and individuals concerned about the confusing 1099-K reporting requirements can breathe a sigh of relief: On November 21, 2023, the IRS announced that the deadline for the new $600 reporting threshold won't go into effect for the 2023 tax year. https://t.co/8nMeQ5xqIy
The holidays are often referred to as "the most wonderful time of year" — and, for some, that's due in part to their year-end bonuses. While bonuses are an important part of rewarding employee performance, they also can raise a variety of tax issues. https://t.co/Xzqna2WAA6