Tax Planning 2024
Category Archives: Uncategorized
Tax Planning 2024
🖨 Print⏱ 4 min read Personal Income Tax Planning Strategies for Year-End 2024 As 2024 draws to a close, it’s the perfect time to review your personal income tax situation and implement strategies to minimize your tax liability for the … Continue reading
Making Pensions Equitable, Protecting Foster Kids, Mail-in Votes and Tracking Government Spending
🖨 Print⏱ 3 min readAll bills not enacted by the end of the 118th congressional session on Jan. 3, 2025, will expire. Social Security Fairness Act of 2023 (HR 82) – This bill, with 330 bipartisan sponsors and a similar bill in the … Continue reading
Understanding Carbon Accounting
🖨 Print⏱ 3 min readAlso known as greenhouse gas (GHG) accounting, carbon accounting is a way for managers and analysts to measure a company’s total carbon emissions. It’s a comprehensive approach to analyze how a company uses energy for its … Continue reading
2025 Federal Income Tax Brackets
🖨 Print⏱ 2 min read According to estimates, inflation adjustments to the Internal Revenue Code are expected to yield increases of 2.8 percent compared to 2024 amounts. This means wider tax brackets and increased exemptions, among other things. With the … Continue reading
Protections for Election Candidates and the Electoral Process; Improving Programs for Veterans and American Indians
🖨 Print⏱ 3 min readEnhanced Presidential Security Act of 2024 (HR 9106) – During an election year, the Department of Homeland Security identifies major presidential and vice-presidential candidates in consultation with a committee of congressional leaders. This bipartisan bill instructs … Continue reading
Breaking Down Bill-and-Hold Arrangements
🖨 Print⏱ 3 min readLooking at accounting and journal entry considerations, if accounts receivables are debited and revenue is credited, it can be interpreted as the business recognizing revenue without the customer paying. As such, the U.S. Securities and Exchange … Continue reading
Pre-Retirement Planning Guide – Legacy Planning
🖨 Print⏱ 5 min readStep 6: Looking to Legacy Planning to Address Future Needs of Family How do you want to be remembered? People often view their legacy as a way of disseminating assets to charitable venues to be remembered … Continue reading