Resources
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Get tax breaks for energy-saving purchases this year because they may disappear
The Inflation Reduction Act (IRA), enacted in 2022, created several tax credits aimed at promoting clean energy. You may want to take advantage of them before it’s too late. On the…
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Self-Employment Tax: A Refresher On How It Works
If you own a growing, unincorporated small business, you may be concerned about high self-employment (SE) tax bills. The SE tax is how Social Security and Medicare taxes are collected…
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Cash Reserves and Business Stability: Building Financial Resilience
Running a business is no easy feat. Every day, you’re juggling several different things—keeping customers happy, managing operations, thinking about growth—sometimes, it can feel like things are going great, and…
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Ensure You’re Properly Documenting Your Charitable Donations
If you’re charitably inclined and itemize deductions, you may be entitled to deduct charitable donations. The key word is “may” because there are requirements you must meet. One such requirement…
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The Amount You and Your Employees Can Save For Retirement Is Going Up Slightly in 2025
How much can you and your employees contribute to your 401(k)s or other retirement plans next year? In Notice 2024-80, the IRS recently announced cost-of-living adjustments that apply to the…
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Understand Your Spouse’s Inheritance Rights Before Getting Remarried
One of the golden rules of estate planning is to revisit your plan after a significant life event. Such an event may be getting married, having a child, going through…