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Qualified charitable distributions are great options for making tax-free gifts to charity
The Internal Revenue Service today reminded IRA owners age 70½ or over of their option to transfer up to $100,000 to charity tax-free...
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November 19, 2022
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Atlantic Tax
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6 Reasons You Need a Bookkeeper
Imagine that your startup is transitioning from an idea to a legitimate company. There are a ton of things to think about and...
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November 10, 2022
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Atlantic Tax
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IRS updates tax gap estimates; new data points the way toward enhancing taxpayer service, compliance efforts
The Internal Revenue Service today released a new set of tax gap estimates on tax years 2014 through 2016 showing the estimated gross...
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November 1, 2022
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Atlantic Tax
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Some May Soon Receive a 1099-K
Because of a change in tax law, some online sellers may soon receive a tax form that few have seen before, a 1099-K....
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October 29, 2022
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Atlantic Tax
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IRS News: 401(k) limit increases & IRA limit rises
The Internal Revenue Service announced today that the amount individuals can contribute to their 401(k) plans in 2023 has increased to $22,500, up...
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October 26, 2022
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Atlantic Tax
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Beat the Tax Season Deadline: Monday, April 15th!
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