The IRS Has Announced Increased Retirement Plan Benefits for 2024



The IRS recently announced increases for many retirement plan benefits for next year. The tax amounts are going up in 2024 due to inflation adjustments. The changes include increased contribution amounts for IRAs, 401(k)s and SIMPLE plans. Take a look at how much you may be able to put away next year for retirement. 



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Choosing a Business Entity: Which Way to Go?

If you’re planning to start a business or thinking about changing your business entity, you need to determine what will work best for you. Should you operate as a sole-proprietorship, a C corporation, or a pass-through entity such as a partnership, limited liability company (LLC) or S corporation? This article takes a deep-dive into the many issues you should consider.



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IRS Expands Electronic Filing Mandate: Key Changes for 2023 Tax Returns



The IRS has expanded the electronic filing requirement for tax and information returns starting with the 2023 tax year. Regulations finalized on February 23, 2023, stipulate that almost all returns filed on or after January 1, 2024, must be submitted electronically rather than on paper. Read the article below for more information.

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