Answers to Your Tax Season Questions
The IRS announced it will open the 2024 income tax return filing season on January 29. That’s when the tax agency will begin accepting and processing ... Read More >
The IRS announced it will open the 2024 income tax return filing season on January 29. That’s when the tax agency will begin accepting and processing ... Read More >
The so-called “kiddie tax” can cause some of a child’s unearned income to be taxed at the parent’s higher marginal federal income tax rates ... Read More >
As tax season heats up, companies of all kinds and sizes will be on the hunt for ways to reduce their tax bills. One of the most common ways is through ... Read More >
If you pay over half the cost of supporting a parent, your parent is considered your dependent for federal income tax purposes. This treatment potentially ... Read More >
At some point, every business owner leaves the company, either voluntarily through retirement or otherwise. Some businesses will outlive their founders. ... Read More >
Below is some information for you to consider as you approach the implementation period for this new reporting requirement. The following information ... Read More >
Rebecca Norris, CPA has been promoted to Member (partner) in the tax department at the accounting firm of Isdaner & Company. Ms. Norris joined ... Read More >
As we start the new year, it is time to prepare for the filing of your 2023 tax returns and complying with certain other tax reporting requirements. ... Read More >
Understanding the payroll tax rules can be challenging when your company hires workers or the personal situations of existing employees change. Employers ... Read More >
More than half of 16-to-24-year-olds are employed, according to the most recent statistics from the U.S. Bureau of Labor Statistics. A job can teach ... Read More >
On December 14, 2023, Pennsylvania Governor Josh Shapiro signed Senate Bill 815 which amended the Pennsylvania tax code by integrating the federal ... Read More >
The IRS is reminding taxpayers that the fourth quarter 2023 estimated tax payment is due on January 16, 2024. Taxpayers who will owe taxes for 2023 ... Read More >
Open enrollment for health care benefits has begun at many companies. If your employer lets you choose from a menu of healthcare plans, it’s ... Read More >
Restricted stock awards are a popular way for companies to offer equity-oriented executive compensation. Some businesses offer them instead of stock ... Read More >
Several factors are making 2023 a confounding tax planning year for many people. They include turbulent markets, stabilizing but still high-interest ... Read More >
Recent IRS warnings and announcements regarding the Employee Retention Tax Credit (ERTC) have raised some businesses’ concerns about the validity ... Read More >
Are you a small business owner or corporate owner holding appreciated company stock in your 401(k) or other qualified employer-sponsored retirement ... Read More >
Rebecca Norris talks about what makes Isdaner & Company a Top Workplace. Listen on our YouTube channel. Hi, I’m Rebecca Norris I’m ... Read More >
Many Americans own a vacation home or aspire to purchase one. If you own a second home in a waterfront community, in the mountains or in a resort area, ... Read More >
The Social Security Administration (SSA) recently announced that the “wage base” for computing Social Security tax will increase for 2024 ... Read More >