by idei | Mar 6, 2025 | TaxBiz
A key economic priority for President Trump this year is to extend the provisions of his signature Tax Cuts and Jobs Act (TCJA), a 2017 law that reduced tax rates for most Americans, before they expire at the end of 2025. Now, Republican lawmakers have drafted a...
by idei | Feb 20, 2025 | TaxBiz
As tax season kicks off, it is essential to prepare for filing your 2024 tax return and to remain vigilant against scammers who are already active. Do not fall victim to their tactics. Many individuals neglect to safeguard their personal information online, and the...
by idei | Jan 16, 2025 | TaxBiz
The Internal Revenue Service (IRS) has officially announced that the tax season will commence on January 27, with federal tax returns due by Tuesday, April 15. If you are unable to file by the deadline, you can request an extension by submitting Form 2868 by April 15,...
by idei | Jan 9, 2025 | TaxBiz
Employers who hire individuals with disabilities or enhance their business facilities for employees and customers with disabilities may qualify for specific tax incentives. These incentives are intended to motivate employers to recruit qualified individuals with...
by idei | Dec 17, 2024 | TaxBiz
A self-employed 401(k) plan, also known as an individual 401(k) plan, serves as a retirement savings option for small business owners without employees, aside from a spouse. This makes it an ideal choice for sole proprietors, independent contractors, partnerships, and...
