News, Tax & Accounting Resources
Taxpayers Beware – Plan Now for 2023 or Pay Later
Procrastination is easy, especially when it comes to summertime tax planning. Waiting to implement strategies to reduce your 2023 tax obligations could cost you money. Here are some suggestions to help jumpstart your midyear review: Safeguard your Deductions Ensure...
GREAT MONEY HABITS TO PRACTICE
Tax season is over and now is an excellent time to develop and maintain exceptional money habits can that can help you lay the foundation for achieving your financial goals. Here are some ideas. Establish a budget and review it at regular intervals. Create a workable...
New Tax Rules for Retirement Accounts Can Save You Money
The SECURE Act 2.0, passed by Congress in late 2022, features numerous ways for you to save more money in your tax advantaged retirement accounts. Below are several of the bill’s provisions and what they mean for you. • Money can continue to grow tax deferred. If you...
Instructions on How to E-file a Federal and PA Tax Return
Both Pennsylvania and the federal government give individual taxpayers the option to file their taxes electronically, also known as E-filing. There are a few benefits to E-filing your tax returns, including: Faster because it is electronically transmitted directly to...
It’s Tax Time! Tips to Get Organized
It may be the beginning of a new year, but now is the time to recap the previous year for Uncle Sam. Here are some tips and a checklist to help get you organized. Watch for your tax forms.Forms W-2, 1099, and 1098 will start hitting your inbox or mailbox in the next...
