Tax time is when business owners often look for deductions to help save money. But, preparing for tax season should start at the beginning of the New Year to implement necessary actions to take advantage of credits and deductions during that tax year. Below is a list of Tax Filing Tips and Deadlines business owners should note.
One of the most noteworthy retirement savings legislation in years, the SECURE Act 2.0, is now law.
In 2022 The Fed raised interest rates seven times, with the possibility of raising interest rates again in 2023 as they pursue cooling inflation. December 2022’s inflation rate was 6.5%, with the Fed Funds rate increasing to 4.4%, the rate banks borrow from The Fed.