Nov 16, 2021 | Business Planning, Personal Financial Planning, Tax News
The IRS has announced the new retirement plan numbers for 2022. Retirement limits for 401(k) and similar plans are up. The contribution limit for employees who participate in 401(k), 403(b), most 457 plans, and the federal government’s Thrift Savings Plan is...
Nov 11, 2021 | Personal Financial Planning, Tax News
Accurate recordkeeping makes it easier to prepare a tax return and help provide answers if your return is selected for examination or if you receive an IRS notice. You must keep records such as receipts, cancelled checks and other documents that support an item of...
Nov 8, 2021 | Coronavirus Updates, Coronavirus Updates, Tax News
Late Friday, November 5, the Infrastructure Investment and Jobs Act was passed by the House of Representatives and is headed to President Joe Biden’s desk to be signed into law. Reposted from a Journal of Accountancy November 8, 2021 news article. The employee...
Nov 2, 2021 | Not-for-Profit
Few people start a career in the nonprofit sector because they love finance. However, the higher you rise in your organization, the more you need to know about accounting and budgeting. The first thing you need to understand is the yearly accounting cycle, which...
