by cathie | Dec 2, 2022 | IRS Tax Tips
Wading through a pile of statements, receipts and other financial documents when it’s time to prepare a tax return can be frustrating for people who haven’t managed their records. By knowing what they need to keep and how long to keep it, people can develop a good... by cathie | Nov 22, 2022 | IRS Tax Tips
Get Ready now to file your 2022 federal income tax return WASHINGTON — The Internal Revenue Service today encouraged taxpayers to take simple steps before the end of the year to make filing their 2022 federal tax return easier. With a little advance preparation, a... by cathie | Nov 21, 2022 | IRS Tax Tips
The amount individuals can contribute to their 401(k) plans in 2023 will increase to $22,500 — up from $20,500 for 2022. The income ranges for determining eligibility to make deductible contributions to traditional IRAs, contribute to Roth IRAs, and claim the... by cathie | Nov 10, 2022 | IRS Tax Tips
Knowledge is a taxpayer’s first line of defense against scammers who pretend to be from the IRS with the goal of stealing personal information. Here are some facts about how the IRS communicates with taxpayers: The IRS doesn’t normally initiate contact with... by cathie | Nov 7, 2022 | Arizona Taxes
On June 30, 2021, Governor Doug Ducey signed Senate Bill 1828 (link is external), which increased the maximum taxable wages from $7,000 to $8,000 for Unemployment Insurance (UI) compensation purposes, effective calendar year 2023. Senate Bill 1828 has already led...