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With tax season just around the corner—the IRS has announced that filing season will open on Monday, Jan. 29, 2024—many taxpayers are scrambling to get their records together and bracing to find out whether they might owe tax. Jenny Groberg, CEO of BookSmarts Accounting and Bookkeeping, says business owners shouldn’t be caught off guard by a surprise tax bill. A little planning, especially when you know what to look for, can make tax season a lot smoother—and help save money. 
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(Photo Illustration by Scott Olson/Getty Images)..Getty Images Having been hit by any number of money scams, the swindles that rope people in with a fake IRS connection are probably the slimiest. T…
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An estimated 160 million tax returns are expected to be filed this year, according to the IRS, and so far, the tax season has been running smoothly. The tax agency has processed 6.6% more returns c…
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Getty Images With tax season winding down, it’s still not too late to avail yourself of some clutch credits that could save you tens of thousands. Here are eight: 1. Employee Retention Tax Cr…
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The IRS has released higher federal tax brackets for 2023 to adjust for inflation. The standard deduction is increasing to $27,700 for married couples filing together and $13,850 for single taxpaye…
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