by graphicedge | Feb 1, 2024 | Uncategorized
Be on the lookout for identity theft as tax season officially begins! Each year thieves try to steal billions in federal withholdings by stealing your identity. As the IRS focuses more attention on this quickly growing problem, now is the time of year to be extra...
by graphicedge | Jan 14, 2024 | Uncategorized
If you’re over 50 years old at the end of the calendar year, you can make catch-up contributions to your various retirement accounts. Check out this article outlining this topic direct from the #IRS: https://bit.ly/492vQDf
by John Cataldo | Dec 20, 2023 | Uncategorized
Government data shows that record inflation from the last few years started to slow down throughout 2023, but much of the damage has already been done. Every bill we pay and purchase we make costs more now, from insurance to clothing, and groceries to household...
by John Cataldo | Nov 2, 2023 | Uncategorized
If you receive a notice from the IRS, do not automatically assume it is correct and submit payment to make it go away. Here are some suggestions for how to handle a letter you may receive from the IRS or other taxing authority: Stay calm. This is easier said than...
by John Cataldo | Oct 5, 2023 | Uncategorized
Overhead is classified as ongoing business expenses not directly attributed to creating a product or service, and there’s no exception to needing to cut overhead in a dental practice setting. According to an article on Dental Economics, “The largest...
by John Cataldo | Aug 7, 2023 | Uncategorized
Working more than one job can help maximize income, but also potentially create a tax surprise. Here are several be aware of: Social Security Surprise: As a full-time employee, the most you’ll have to pay in Social Security taxes in 2023 is $9,932. The problem...
