The Internal Revenue Service has announced that the amount individuals can contribute to their 401(k) plans in 2024 has increased to $23,000, up from $22,500 for 2023. That’s just the […]
Category: Personal Taxes
Staggered Retirement: Wave of the Future?
Couples retiring together means they can start enjoying all the activities they’ve been dreaming of for years. Will retiring as a couple work for you? It’s a good idea to […]
Tax Considerations When Selling a Home
When selling your home, you might qualify for the opportunity to exclude part of, if not all, the gains you make from the sale from your income. However, for this […]
When To Plan for Tax Season
Reduce your taxes or increase your refund for your next return by planning throughout the year. The IRS suggests that your first consideration should be going to IRS.gov for online […]
Tax Advice for Gig Workers
You might think that gig work is a way to avoid paying taxes on money you receive as income. This is a common misconception. While working as a driver for […]