Episode 81: IRS Delays 3-Party Vendor (1099K) Reporting Threshold Change
Dec 1, 2023
In this episode:
- Tax extenders will be needed around election time.
- Know the IRA rollover rules.
- Find out the updates on estate and gift tax limits.
- The legal costs for fighting IRS rulings may not be reimbursed.
- The IRS has delayed the 1099K reporting threshold.
Also, we hear the scam story of the Great Diamond...
Episode 80: DE Family Medical Leave Act Ramping up
Nov 17, 2023
In this episode:
- Electronic vehicle rebates versus tax credits.
- There is an increase on retirement plan contributions for 2024.
- Most donated inventory may not be deducible as a charitable contribution.
- It's time for tax planning strategies!
- Delaware Family Medical Leave Act is ramping up. Listen in for details.
We...
Nov 3, 2023
In this episode:
- Overview of tax and other benefits from having a Health Savings Account (HSA) health plan for medical expenses.
- The IRS is cracking down on the misuse of the fuel credit.
- Software development may be used to qualify an entity for the Research and Development Credit.
- The Social Security Wage Base makes...
Oct 23, 2023
In this episode:
- Student loan interest is deductible, with limits.
- The 2024 travel expenses per diem have been released.
- The IRS has stated it's pausing some audits for professional service businesses.
- Make sure you have a beneficiary listed on your retirement accounts.
We are joined by Daniel Yearick, the Facilities...
Oct 6, 2023
In this episode:
- New mandate requires some 1099s and W-2s to be e-filed in 2024.
- Home office depreciation may impact tax on home sales.
- Home interest deduction rules reviewed.
- Bonus depreciation changes may impact tax planning strategies.
We also hear the story of Anthony Gignac, who portrayed himself...