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I try to add tax blog articles weekly on tax topics that may be interesting to you. Please browse. If there is a topic you would like to see here or would like to more information on, please contact me.

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December 13, 2024   |   2024
IRS/Federal Tax Changes

2024 IRS/Federal Law Changes: Election year= campaigning. Not a lot of tax law changes. Not an all inclusive list, general changes from tax newsletter that affect small businesses and individuals Condoms are medical supplies and are tax deductible as medical expense. Check with HSA provider to see if Health Saving Account qualified. Corporate Transparency Act—Still IRS/Federal Tax Changes

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December 13, 2024   |   2024
2024/2025 Facts and Figures

                                                                                                                                                                                                                                      Tax Year FACTS & FIGURES, TBA=To be announced          2024                      2025 Social Security COLA                                                                 3.2%                            2.5% Part B premium- income < $85,000                                               174.70                         185.00 Early, Max earnings limits b4 Soc Sec reduced                                22,320                         23,400 Early, Max earning for 2024/2025 Facts and Figures

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