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News
  • By admin
  • May 6, 2022

Wages up to $147,000 are currently taxed for Social Security. How that could change

As Social Security faces a benefit shortfall, lawmakers have a few changes to choose from to shore up the program …

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News
  • By admin
  • May 4, 2022

How the 2022 Tax Filing Season Was Different

More than two years into the pandemic, the tax world has yet to recover. Taxpayers and preparers alike were hoping …

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News
  • By admin
  • May 2, 2022

Amid inflation, IRS boosts health savings account contribution limits in 2023 for individuals, family plans

You can save $3,850 in 2023 with individual health insurance, up from $3,650 in 2022. If you’re eligible for health …

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News
  • By admin
  • April 29, 2022

More states are switching to flat income taxes. Critics say it’s relief for the wealthy

There’s a recent uptick in states swapping tiered income taxes for a flat tax, charging the same rate to all …

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News
  • By admin
  • April 28, 2022

Want to lower next year’s tax bill? Boost your 401(k) contributions

Whether you got a refund or owed money this tax season, it’s never too soon to start thinking about next …

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News
  • By admin
  • April 26, 2022

Here’s what to do if you missed the April 18 tax filing deadline

If you missed the April 18 tax deadline, you may cut back on penalties by filing your return promptly.  If …

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