The IRS has issued notice 2023-13 which contains PROPOSED revenue procedures for TIP Compliance
Potential New TIP rules
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2023 January Tax Tips and News
January 2023 Newletter
Secure Act Changes
Recently signed into law were several material changes that you may want to read through. This blog post is quite long, where you might want to download and read at your pleasure. Any questions call us at 516-408-6612 or email…
Standard Mileage Rates Published
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Read moreTax News and Industry Updates Vol 10 issue 5
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Read more2023 New Standard Deduction and Tax Brackets
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Read moreTax News and Industry Updates Vol 10 issue 3
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Read moreIndividual Retirement Plans
IRA stands for Individual Retirement Account, and it’s basically a savings account with big tax breaks, making it an ideal way to sock away cash for your retirement. A lot of people mistakenly think an IRA itself is an investment…
2022 New Standard deductions and tax brackets
New standard deduction, tax brackets, gift tax and EITC • The standard deduction rises to $25,100 for married couples filing jointly in their 2022 returns. That’s a $300 increase. It rises to $25,900 for 2023 returns, an $800 rise. •…