What is Tax Professional Awareness Week? A week of educational initiatives equips tax professionals with the tools and information they need before filing season to help them prepare accurate returns. The event is designed to empower tax professionals with updated
We are pleased to announce that effective January 1, 2024, we have changed our name from BLSR to Balsamo, Lutters, Renna and Rosensteel, P.A.
The IRS announced inflation adjustments for over 60 tax provisions in 2024, including standard deductions for married and single individuals.
The Social Security Administration (SSA) announced on Thursday, October 12, that the 2024 social security wage base will be $168,600, which is an increase of $8,400 from $160,200 in 2023 (view the SSA Fact Sheet). As in prior years, there
IRS announces sweeping effort to restore fairness to tax system with Inflation Reduction Act funding; new compliance efforts focused on increasing scrutiny on high-income, partnerships, corporations and promoters abusing tax rules on the books
Those who find their name on the Unclaimed Property list can now file a claim form digitally via Maryland OneStop.
With year-end approaching, it is time to start thinking about moves that may help lower your tax bill for this year and next. This year’s planning is more challenging than usual due to the uncertainty surrounding pending legislation that could,
With year-end approaching, it is time to start thinking about moves that may help lower your business’s taxes for this year and next. This year’s planning is more challenging than usual due to the uncertainty surrounding pending legislation that could
Who knew winning 1st Place in MD State FBLA (Future Business Leaders of America) Competition (1998) as a senior in high school would lead to a career as a CPA and at just age 41 becoming a shareholder in the
If your business qualifies and you have any intention of considering one, we urge you to act quickly. Make sure your bank will participate in the second round PPP process; some banks are not. If not, make other arrangements NOW.
Fees & tax payments are planned for, and meeting deadlines are met to keep your business on top of government requirements.