As the world of cryptocurrency continues to evolve rapidly, it is important for business owners to know the current uses and potential risks of dealing with crypto. For more information, visit: https://t.co/hWt9jSSs2w
#Crytpocurrency
The IRS is adjusting the standard mileage rates to better reflect the recent increase in fuel prices. If you use a vehicle for business purposes, you may be qualified to receive this new rate. Learn more here: https://t.co/zEz5eg4nZN
#TaxTip#StandardMileageRates
Are you planning on leaving your estate to your adult children? If so, it is important that they begin arranging for the inheritance. Check out these quick estate planning tips to ensure a seamless transition: https://t.co/xRQB26Hkzr
#EstatePlanning
If you are looking to sell appreciated vacant land, it is important to review the tax consequences beforehand. For more information, visit: https://t.co/iZX38mvOZl
#TaxTip#AppreciatedLand
On Thursday, we took a break from the office and headed to @trilliumbrewing for a fun-filled afternoon to celebrate the completion of another successful tax season.
We are looking forward to the summer months! Here are some photos from our event.
If you are taking a business trip this summer, you may want to review the IRS rules for deducting business travel vs. personal travel costs to reduce your next tax bill. Learn more here: https://t.co/6nUvKX1Oju
#TaxTip#BusinessTravel#TravelDeductions
Is your company looking to change its group health plan from fully insured to self-insured? If so, there are a couple of nondiscrimination rules that the plan will need to comply with. Learn more here: https://t.co/U3qliCb87H
#EmployeeBenefits#SelfInsured
In recognition of Administrative Professionals' Day, we want to give a huge thank you to our Administrative staff who keep Samet running smoothly each and every day.
We are so lucky to have you!
While most sources of income are taxable, you may receive some income or gains that don't cause any federal income tax headaches. Check out these 11 sources of non-taxable income:
#TaxTip#TaxFreeIncome
We are proud to announce that our Samet team had the best average time for @Mass_CPAs Virtual 5k Walk/Run!
Congratulations to Danny Waung, Josh Levine, Randall Smith, Brooke Munafo, and Jenni Rancourt on this exciting accomplishment.
With so many categories of interest expense, it can be difficult to keep track of which categories are deductible. Check out the infographic below for more information:
#TaxTip#InterestExpense#Deductibles
If you are a small company or self-employed business looking for a retirement plan, a simplified employee pension (SEP) plan may be the right choice for you. Learn more about the pros and cons of an SEP plan here: https://t.co/RDtUsOtLdN
#TaxTip#RetirementPlan#SEP
If you are in the market for a new vehicle, it is important to weigh your options before making a decision. Check out these financial tips to consider before buying a new or used car: https://t.co/hek8Im3Dfx
On Tuesday evening, we celebrated the completion of the 3/15 deadline with a March (15th) Madness party!
We enjoyed socializing in the office and introducing ourselves to the new hires. Below are a few photos from the event!
Is it time to add an annuity option to your organization's 401(k) plan? Learn more about the benefits and how to select a provider here: https://t.co/IpypcmTdxL
#RetirementPlanning#401k#Annuities
If you are contemplating whether to resign your lease or buy a home, it is important to consider the tax incentives available for homeowners. Learn more here: https://t.co/gzptxGja3g
#TaxTip#Homeowner
Happy International Women's Day! On this special day, we recognize and celebrate the strong women of Samet who bring knowledge, kindness, and individuality to our firm each day.
Thank you for your hard word and dedication to Samet!
#InternationalWomensDay
The qualified business income (QBI) deduction has changed drastically over the course of the pandemic. Here is how you can plan to maximize the deductions for your business: https://t.co/RILlDhCfGU
#TaxTip#QBIDeduction#TaxPlanning
Are you dealing with an inheritance? Check out these tips for determining how to incorporate these new assets into your finances: https://t.co/PNfpMfX2kh
#Inheritance#FinancialPlanning
If you are interested in switching careers, it is important to understand the options you have for handling the money in your 401k account. Learn more here: https://t.co/Fq7o3FuOLA
#401k#RetirementPlan#NewJob