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Saver's Credit Can Help You Save for Retirement
Low- and moderate-income workers can take steps to save for retirement and earn a special tax credit.

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Mets Hit Record Luxury Tax Bill: Baseball's Unprecedented Tax Penalties
The New York Mets have been hit with unprecedented tax penalties following the 2023 MLB season. Full details here.

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Video Tips: Check Out the Standard Mileage Rates for 2024
The IRS has announced the new standard mileage rates to be used for automobile tax deductions in 2024.

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Video Tips: Time to Prepare for Your 2023 Income Tax Return
With a little advance preparation, taxpayers can approach the upcoming tax season with confidence. Watch this video for what to prepare.

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Great News for Employers Who Received Questionable Employee Retention Credits
The IRS has introduced a New Voluntary Disclosure Program that allows employers who received questionable Employee Retention Credits (ERC) to pay them back at a discounted rate. This is a different program from the one IRS created earlier for those who haven’t received payment from the IRS and want to withdraw their ERC claim, which is discussed later in this article.

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