News & Insights

5 Steps to Take Now to Cut your 2022 Tax Liability

Facebook Twitter LinkedIn Email

It has been quite a year — high inflation, rising interest rates and a bear stock market. While there’s not a lot you can do about any of these financial […]

READ MORE

Act Now to Reduce your Business’s 2022 Tax Bill

Facebook Twitter LinkedIn Email

It’s been a tumultuous year for many businesses, and the current economic climate promises more uncertainty for the short term, if not longer. Regardless of how your company has fared […]

READ MORE

Employers: In 2023, the Social Security Wage Base is Going Up

Facebook Twitter LinkedIn Email

The Social Security Administration recently announced that the wage base for computing Social Security tax will increase to $160,200 for 2023 (up from $147,000 for 2022). Wages and self-employment income […]

READ MORE

Inflation Reduction Act Doubles R&D Credit Payroll Tax Offset for Qualified Small Businesses

Facebook Twitter LinkedIn Email

The Inflation Reduction Act (H.R. 5376), which President Biden signed into law on August 16, 2022, doubles the federal research and development (R&D) credit payroll tax offset for qualified small […]

READ MORE

Your Estate Plan: Don’t Forget About Income Tax Planning

Facebook Twitter LinkedIn Email

As a result of the current estate tax exemption amount ($12.06 million in 2022), many people no longer need to be concerned with federal estate tax. Before 2011, a much […]

READ MORE

Recent Posts