The hidden consequences of not filing your taxes

The hidden consequences of not filing your taxes

Jan 17, 2024 | News to Note

From Forbes — By Jessica Ledingham, J.D., LL.M. —    As tax season opens, millions of Americans are experiencing anxiety. The dreaded fear of owing money to Uncle Sam can be overwhelming, leading some to delay or completely disregard filing their taxes. You might...
Watch out for this rude surprise from Medicare

Watch out for this rude surprise from Medicare

Jan 10, 2024 | News to Note

From Barron’s — By Elizabeth O’Brien —   Planning for your Medicare premiums isn’t on most preretirement checklists, but it’s an important consideration for those with higher incomes. Your Medicare premium for a given year is based on your income from two years...
‘BOI’ reporting requirement has arrived for businesses

‘BOI’ reporting requirement has arrived for businesses

Jan 3, 2024 | News to Note

Dear Clients, Starting Jan. 1, 2024, a significant number of businesses will be required to comply with the Corporate Transparency Act (“CTA”). The CTA was enacted into law as part of the National Defense Act for Fiscal Year 2021. The CTA requires the disclosure...
Seven ways retirement will be different in 2024

Seven ways retirement will be different in 2024

Dec 27, 2023 | News to Note

From AARP — By Andy Markowitz —   How changes in Social Security, Medicare, taxes and more will affect your finances For most people, retirement finance is a delicate balance between income that’s likely less than what you made while working and expenses that may be...
Tax season ahead: IRS warns of scams by email, text, phone

Tax season ahead: IRS warns of scams by email, text, phone

Dec 20, 2023 | News to Note

From the IRS —  To wrap up National Tax Security Awareness Week, the Internal Revenue Service and the Security Summit partners earlier this month reminded taxpayers and tax professionals to stay alert against emerging scams during the upcoming filing season and...
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