Understanding the Alternate Valuation Date
When someone dies, the executor must decide how to value the estate — and that decision directly affects the taxes […]
Tax Planning
Tax Planning
Life and Death of a Twenty Dollar Bill
Ever wondered how is paper money made before it ends up in your wallet? The U.S. Bureau of Engraving and
Federal Tax Filing Season Begins Mon., Jan. 29
Federal income tax filing season typically opens in late January, when the IRS begins accepting and processing individual returns for
7 tax-planning provisions in SECURE 2.0 now that filing season is over
The SECURE 2.0 Act, signed into law in December 2022, continues to reshape how Americans save for retirement, with several
What You Should Know About the Federal Reserve’s New Instant Payments System
The FedNow Service is the Federal Reserve’s real-time payment system, letting banks and credit unions move money between accounts in
Tax Filing Season Is a Little Later This Year
Each year, the IRS announces the official opening of tax filing season — the date it begins accepting and processing
IRS Issues Annual List of Tax Scams
Every year, the IRS publishes an updated list of the most common tax scams targeting taxpayers — many of which
