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Important Tax Updates
Important Changes to Deductions, Credits and Limits That May Affect Your 2024 Return
Several IRS rule changes for tax year 2024 will affect millions of people filing their returns this spring. These changes may create new opportunities to lower your tax bill or increase your refund.
First, standard deductions …
Beneficial Ownership Information (BOI) Filing Deadlines and Update
Under the rules of the Corporate Transparency Act (CTA), most U.S. companies, including many small businesses, must disclose ownership information to the federal government. Specifically, affected business entities must file a report of beneficial ownership …
Upcoming Tax Deadlines
March
Day
10
Employees Who Work for Tips – If you received $20 or more in tips during February, report them to your employer. See Pub. 531 for more information on how to report tips to your employer.
17
S …