In today's ever-changing job market, the distinction between 1099 contractors and W-2 employees has become a pivotal point of discussion for both employers and workers. While both play essential roles…
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The landscape of federal estate and gift taxes may face significant changes that could have major implications for individuals with considerable estates. The federal estate and gift tax exemption provision…
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Key Takeaways: CTA and Financial Transparency: The Corporate Transparency Act (CTA) enacted in 2021 promotes financial transparency. It mandates specific entities to report Beneficial Ownership Information (BOI) to FinCEN, aiding…
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If your investments have fluctuated wildly this year, you may have already recognized some significant gains and losses. But nothing is decided tax-wise until year end when the final results…
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With the escalating cost of health care, many people are looking for a more cost-effective way to pay for it. For eligible individuals, a Health Savings Account (HSA) offers a…
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In the face of a flood of illegitimate claims for the Employee Retention Tax Credit (ERTC), the IRS has imposed an immediate moratorium through at least the end of 2023…
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