Expanding Benefits for Veterans and Extending Government Funding Until Jan. 19, 2024
Author Archives: Service2Client
Expanding Benefits for Veterans and Extending Government Funding Until Jan. 19, 2024
A bill to amend Title 38, United States Code, to extend and modify certain authorities and requirements relating to the Department of Veterans Affairs, and for other purposes. (S 2795) – This bill was introduced on Sept. 13 by Sen. … Continue reading
Updated IRS 2024 Penalties for Late Filing and Missed Tax Forms
Every year, the IRS announces annual inflation adjustments related to tax rate schedules, deductions, cost-of-living adjustments, etc. What many taxpayers do not realize is that they also adjust the cost of fines and penalties as well. This means that the … Continue reading
4 Smart Ways to Maximize Your IRA Contributions
Unless you’re near retirement, chances are you’re depositing a certain amount of cash each year in your IRA at tax time, then kind of forgetting about it, not thinking much about it until the next year. This dynamic can cost … Continue reading
How the 2022 Consolidated Appropriations Act Impacted Accounting in 2023
According to the Centers for Medicare & Medicaid Services’ report “Advancing Rural Health Equity,” the 2022 Consolidated Appropriations Act (CAA) maintained telehealth options due to the COVID-19 Public Health Emergency (PHE) order for 151 more days beyond the original expiration … Continue reading
Understanding Operating and Capital Leases
The first thing to define is what a lease itself is. It’s an agreement or contract where one party, the lessor, allows another individual or business, the lessee, to use their asset in return for payments or different assets. The … Continue reading
2024 Cost of Living Adjustments
In one year’s time, the U.S. inflation rate dropped by more than half, from 8.2 percent in September 2022 to 3.7 percent in September of 2023. If there is a downside to lower inflation, it’s a lower cost of living … Continue reading
Banning Weapons Training in Public Schools, Funding Assistance for Ukraine, and Various Appropriations Bills for Fiscal Year 2024
Protecting Hunting Heritage and Education Act (HR 5110) – This bill was introduced in the House on Aug. 1 by Rep. Mark E. Green (R-TN). The purpose of this bill is to ban federal funds from being used for weapons … Continue reading