ConnollySteeleNov 142 minContributing to your employer’s 401(k) plan: How it worksIf you’re fortunate to have an employer that offers a 401(k) plan, and you don’t contribute to it, you may wonder if you should...
ConnollySteeleNov 143 minNew per diem business travel rates became effective in OctoberAre employees at your business traveling and frustrated about documenting expenses? Or perhaps you’re annoyed at the time and energy that...
ConnollySteeleNov 142 minFacing a future emergency? Two new tax provisions may soon provide reliefPerhaps you’ve been in this situation before: You have a financial emergency and need to get your hands on some cash. You consider taking...
ConnollySteeleNov 142 minThe Social Security wage base for employees and self-employed people is increasing in 2024The Social Security Administration recently announced that the wage base for computing Social Security tax will increase to $168,600 for...
ConnollySteeleOct 172 minThe IRS has announced 2024 amounts for Health Savings AccountsThe IRS recently released guidance providing the 2024 inflation-adjusted amounts for Health Savings Accounts (HSAs). HSA fundamentals An...
ConnollySteeleOct 172 minBeing a gig worker comes with tax consequencesIn recent years, many workers have become engaged in the “gig” economy. You may think of gig workers as those who deliver take-out...
ConnollySteeleOct 173 minBenefits of a living trust for your estateYou may think you don’t need to make any estate planning moves because of the generous federal estate tax exemption of $12.92 million for...