Nov 2018

IRS Announces Higher 2019 Retirement Plan Contribution Limits For 401(k)s And More

2018-11-18T11:00:55-06:00

Get ready to save more for retirement in 2019! The Treasury Department has announced inflation-adjusted figures for retirement account savings for 2019, and there are a lot of changes that will help savers stuff these accounts. After six years stuck at $5,500, the amount you can contribute to an Individual Retirement Account is being bumped [...]

IRS Announces Higher 2019 Retirement Plan Contribution Limits For 401(k)s And More2018-11-18T11:00:55-06:00
Nov 2018

401(k) account balances hit record high of $106,500; where do you stack up?

2018-11-13T08:55:43-06:00

In a good sign for retirement savers, the average 401(k) account balance reached a record high of $106,500 at the end of the third quarter. That's just one of the upbeat findings from Fidelity Investments' latest quarterly analysis of retirement saving trends for its 30 million holders of 401(k) or IRA accounts. The record balance for workers with 401(k) [...]

401(k) account balances hit record high of $106,500; where do you stack up?2018-11-13T08:55:43-06:00
Nov 2018

Here’s how tax reform changed accounting methods for small business

2018-11-12T12:33:59-06:00

The Tax Cuts and Jobs Acts – better known simply as tax reform – allows more small business taxpayers to use the cash method of accounting. Tax reform now defines a small business taxpayer as a taxpayer that has average annual gross receipts of $25 million or less for the three prior tax years and is [...]

Here’s how tax reform changed accounting methods for small business2018-11-12T12:33:59-06:00
Oct 2018

Don’t Look Now, But States Already Are Requiring Online Sellers To Collect Sales Ta

2018-10-30T13:30:48-05:00

Don't Look Now, But States Already Are Requiring Online Sellers To Collect Sales Taxes Note to Congress: About that Internet sales tax thing, stand down. You are irrelevant. The train has left the station and neither the states nor many retailers want you on board. There are still some issues to be addressed, but so [...]

Don’t Look Now, But States Already Are Requiring Online Sellers To Collect Sales Ta2018-10-30T13:30:48-05:00
Oct 2018

The Biggest Tax Law Changes for Small Business Owners

2018-10-30T12:45:47-05:00

The Biggest Tax Law Changes for Small Business Owners The Internal Revenue Service is reminding business owners that tax reform legislation passed last December affects nearly every business. With just a few months left in the year, the IRS is highlighting important information for small businesses and self-employed individuals to help them understand and meet [...]

The Biggest Tax Law Changes for Small Business Owners2018-10-30T12:45:47-05:00
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