A Kurcias Jaffe Company | CPA Services Blog
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Our certified public accounting (CPA) services are designed to make your job easier and provide you with more time to focus on building your business. We stay aware of tax law changes throughout the year to ensure that you benefit from all available tax incentives.
A Kurcias Jaffe Company | CPA Services Blog
2y ago
We’re happy to share some relatively good news for 2022, as the IRS schedule for federal tax rates and income brackets for 2022 provide some tax breaks for the substantial inflationary impact we’ve all experienced in 2021. While the tax …
The post Tax Update: What’s New in 2022 appeared first on ..read more
A Kurcias Jaffe Company | CPA Services Blog
2y ago
A dollar saved is a dollar earned. By adopting a few simple ideas, you can tackle the tax advantages that come with savings and do so with confidence. Use these top ten tax saving tips in the New Year to …
The post 10 Tax Saving Tips for the New Year appeared first on ..read more
A Kurcias Jaffe Company | CPA Services Blog
3y ago
Congress has passed a new tax Act in 2021 which provides a huge tax gift to employers. The CARES Act created the Employee Retention Credit (ERC) for 2020 to help businesses keep employees during the COVID-19 crisis. Now congress has: …
The post New Employee Retention Credits – A Huge Tax Gift for Your Business appeared first on ..read more
A Kurcias Jaffe Company | CPA Services Blog
3y ago
If you are a small business owner or you’re self-employed and work from home, you will likely be able to take advantage of the home office deduction in 2020. According to the IRS, small business owners are leaving money on …
The post Home Office Deductions for Small Businesses appeared first on ..read more
A Kurcias Jaffe Company | CPA Services Blog
3y ago
The economic turmoil of 2020 has many worried about their savings. COVID-19 has lead to the second-highest unemployment rate in American history, with about one in five people collecting unemployment benefits. State governments are reportedly experiencing extreme budget problems, and the US GDP was down …
The post How to Prepare for Potential Tax Increases in 2021 appeared first on ..read more
A Kurcias Jaffe Company | CPA Services Blog
4y ago
As you get closer to retirement, you may start to think about collecting social security. According to the Social Security Administration, 68 million US citizens collected Social Security benefits in June 2019. Many people, however, plan to keep working at …
The post How to Maximize Your Social Security Retirement Benefits appeared first on ..read more
A Kurcias Jaffe Company | CPA Services Blog
5y ago
For many Americans, retirement feels like a far-off and distant dream. The most common age to retire in the US is 62 years old, which is also the minimum age to collect Social Security. However, as demographics change in the …
The post How To Plan for Retirement Financially appeared first on ..read more
A Kurcias Jaffe Company | CPA Services Blog
5y ago
There are many misconceptions about the 529 college savings plan. This tax-advantaged savings plan is a great option for saving for college expenses; yet more than 70% of Americans are unfamiliar with the advantages it presents. College costs – as …
The post What You Need to Know About the 529 College Savings Plan appeared first on ..read more
A Kurcias Jaffe Company | CPA Services Blog
5y ago
Income tax-filing season started on January 28 and the tentative government shutdown and reopen has tax returns on everyone’s mind, especially when the IRS is one of the agencies that is unfunded while our government is closed. Despite the uncertainty …
The post Get Your Tax Refund Quicker appeared first on ..read more
A Kurcias Jaffe Company | CPA Services Blog
5y ago
In part 1, we covered changes to taxable income brackets and tax rates for individuals and married filing jointly. In part 2, we will cover deductions and other updates. Changes to Standard Deduction Amounts A standard deduction is the dollar …
The post New Updates for 2019 Taxes – Part 2 appeared first on ..read more