by admin | Jan 30, 2024 | TaxBiz
Health Savings Account (HSA) work together with an HSA-eligible health plan. If you’re enrolled in this type of health plan, you can make pre-tax contributions to an HSA, allowing you to pay for qualified medical expenses tax-free. This can help create a cash...
by admin | Jan 23, 2024 | TaxBiz
📌 Mortgage rate races toward 8% after hitting a high not seen since late 2000. The average rate on the popular 30-year fixed mortgage rose to 7.72%, according to Mortgage News Daily. Mortgage rates follow loosely the yield on the 10-year Treasury, which has been...
by admin | Jan 16, 2024 | TaxBiz
The Internal Revenue Service (IRS) encourages taxpayers to visit IRS.gov for tips, tools and resources to help them prepare to file their 2023 federal income tax return. The Get Ready to File Your Taxes page on IRS.gov outlines steps taxpayers can take now to make...
by admin | Jan 9, 2024 | TaxBiz
Happy New Year to all! ❤ Whether you’re taking a well-deserved break or you’ve already got your New Year’s resolutions in gear, taxes may be on your mind. You should already have an idea of what you will have to pay on tax day. If you don’t...
by admin | Dec 27, 2023 | TaxBiz
🎄 December is a generosity season, and if you feel the need to make donations this year, you may be rewarded with tax advantages. If you donate to an organization that meets the requirements of section 170(c) of the tax code, you can deduct that charitable donation...
