News & Insights

The IRS Has Just Announced 2024 Amounts for Health Savings Accounts

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The IRS recently released guidance providing the 2024 inflation-adjusted amounts for Health Savings Accounts (HSAs). HSA fundamentals An HSA is a trust created or organized exclusively for the purpose of […]

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Social Security’s Future: The Problem and the Proposals

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Recent reports have raised anew concerns about the impending insolvency of the Social Security program, absent congressional action. Social Security reform has long been considered a “third rail” of American […]

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4 Tax Challenges You May Encounter if You’re Retiring Soon

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Are you getting ready to retire? If so, you’ll soon experience changes in your lifestyle and income sources that may have numerous tax implications. Here’s a brief rundown of four […]

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Use the Tax Code to Make Business Losses Less Painful

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Whether you’re operating a new company or an established business, losses can happen. The federal tax code may help soften the blow by allowing businesses to apply losses to offset […]

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Paperwork You Can Toss After Filing Your Tax Return

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Once you file your 2022 tax return, you may wonder what personal tax papers you can throw away and how long you should retain certain records. You may have to […]

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