The IRS announced that the contribution limits for 401-K plans remain unchanged at $18,000. However, other limits have been raised for cost-of-living adjustments, such as phase-out limits for contributions to a deductible IRA, the Saver’s Credit and Read the full … Continued
BE AWARE! The Internal Revenue Service says it has seen a 400 percent surge in phishing and malware incidents this tax season. And the IRS said this week it has observed fraudsters are more frequently asking for personal tax information, … Continued
With nearly 75% of tax returns showing a refund and with an average refund of just under $2900, there are many reasons to get your tax return filed early. Below, we explore 5 reasons to get started on your tax … Continued
With tax time approaching, it is not too early to start planning. Here are some answers to some commonly asked tax questions: 1) Can I skip filing a tax return? Yes–provided that your income falls beneath the earnings threshold. Even … Continued