Feb 4, 2025 | Firm Updates, Individual Tax, Retirement Planning
Retirement is often viewed as an opportunity to travel, spend time with family or simply enjoy the fruits of a long career. Yet the transition may bring a tangle of tax considerations. Planning carefully can help you minimize tax bills. Below are four steps to take if...
Nov 20, 2024 | Firm Updates, Individual Tax, Tax Tips
With the end of 2024 approaching, it’s time to start thinking about end-of-year moves to help lower your 2024 tax bill. Sciarabba Walker’s tax experts have analyzed current tax rules to identify some opportunities and challenges facing our clients in the current...
Oct 17, 2024 | Firm Updates, Individual Tax, Small Business
As the new year begins, many individuals and businesses are preparing to file their taxes. However, a critical aspect that often goes overlooked is the requirement for organizations to file 1099 forms for payment made to their contractors and other vendors. Failure to...
Nov 14, 2023 | Firm Updates, Individual Tax, Tax Tips
2023 is ending, which means tax season is right around the corner, but there is still time to take advantage of tax-saving ideas to lower your 2023 tax bill. Sciarabba Walker wants to help you prepare for tax filing and save you some tax dollars by sharing some...
Dec 16, 2022 | Firm Updates, Individual Tax, Retirement Planning, Tax Tips
The “Setting Every Community Up for Retirement Enhancement” Act, or SECURE Act, was enacted on December 20, 2019. Over two years after the law was enacted on February 23, 2022, the IRS issued proposed regulations on the SECURE Act, which include changes to inherited...
Dec 16, 2022 | Firm Updates, Individual Tax, Tax Tips
The holiday season is here and many people plan to donate to their favorite charities or give money or assets to their loved ones before the end of the year. Here are the basic tax rules involved in these transactions. Donating to charity In 2022, in order to receive...
