Benefits
IRS Direct File Launches for Low-Income Taxpayers in 12 States
Taxpayers in 12 states — Arizona, California, Florida, Massachusetts, New Hampshire, Nevada, New York, South Dakota, Tennessee, Texas, Washington, and Wyoming — will have access to a new program from the IRS called Direct File.
Tax Diversification: How it Can Boost Retirement Income
Just as you allocate your invested assets, you can also diversify with taxable, tax-free and tax-deferred accounts.
IRS Provides Initial Guidance on Employee PLESAs
IRS Notice 2024-22 provides employers insight on the anti-abuse rules regarding pension-linked emergency savings accounts.
3 Tax-Smart Tactics for Clients With $1 Million or More in Tax-Deferred Investments
Here are some tax planning strategies on how you can keep more of that $1 million for yourself and away from Uncle Sam.
More Workers Get Access to Paid Sick Leave, But Lowest Wage Earners Are Left Out
Since 2010, 15 states and the District of Columbia have enacted laws requiring employers to allow workers to earn paid sick time.
Three Ways to Cut the Tax Stress of RMDs
Managing your required minimum distributions is the key to advanced tax planning and may save you significant taxes in retirement.
IRS Updates FSA Amounts for 2024
Starting next year, employees can contribute up to $3,200 tax-free to a flexible spending account through payroll deduction.
Five Charitable Giving Strategies
These tips can help you spread the love even more to charities you trust while also taking advantage of different kinds of tax benefits.