Wow! You Can Now Get a Tax Credit For Buying a Used Electric Vehicle
2023 brings with it a whole new set of rules related to qualifying for a tax credit for purchasing a used electric vehicle. This is the first time that used…
401(k) Options After You Leave an Employer
Apart from the spike in inflation, 2023 ended the year with a relatively strong economy, boasting an unemployment rate of 3.5 percent (below the market forecast of 3.7 percent) with…
Consequences of Filing Married Filing Separate
Married taxpayers generally have the option to file a joint tax return or separate returns, a filing status commonly referred to as married filing separate (MFS). If you are married…
Will the Recently Passed Pension Legislation Affect You?
The President, on December 29, 2022, signed the Consolidated Appropriations Act, 2023, which is the “omnibus spending bill” Congress needed to pass to avoid a government shutdown. That legislation also…
In the Firm – February 2023
HAPPY NEW YEAR! Here is what the firm has been up to since our last newsletter. Promotions and New Hires: Ben Buckner joined the team as a Tax Manager on…