Tax Relief for Those Impacted by Hurricane Idalia: Explained
Hurricane Idalia has swept through our communities, leaving not just physical upheaval but also financial strain in its wake. As we band together to rebuild, it’s important to know that there are provisions for tax relief that can ease some of the burdens for affected individuals and businesses. The IRS has announced special tax law […]
Navigating the Requirements for the Advanced Energy Project Credit in 2024
The Advanced Energy Project Credit is a powerful incentive for businesses and individuals seeking to invest in advanced energy technologies. This blog provides comprehensive guidance on the qualifications for this credit in 2024. By gaining a thorough understanding of these requirements and leveraging the Advanced Energy Project Credit, you can enhance your energy efficiency while […]
Scam Busters: The Art of Protecting Your Finances Online
In today’s digital age, scams have become more sophisticated. They come in various forms, from online phishing to deceptive investment schemes. As an accountant or a financial professional, being vigilant and informed about the telltale signs of a scam is crucial, not only for your financial security but also to protect your clients. In this […]
Getting Ready for the 2023 Tax Filing Season
Getting Ready for the 2023 Tax Filing Season Monday, January 23, 2023, marks the start of the 2023 tax season and the date the IRS begins accepting and processing 2022 tax year returns. More than 168 million individual tax returns are expected to be filed, with the vast majority coming before the April 18 tax […]
Individual Taxpayers: Tax Changes for 2023
Individual Taxpayers: Tax Changes for 2023 Every year, it’s a sure bet that there will be changes to current tax law, and this year is no different. From standard deductions to health savings accounts and tax rate schedules, here’s a checklist of tax changes to help you plan the year ahead. Individuals In 2023, a […]