by NexGen Support Team
Claim Your Recovery Rebate Credit: A Reminder from the IRS as Tax Season Approaches As the tax season approaches, the Internal Revenue Service (IRS) is reminding eligible individuals who did not file a tax return in 2020 or 2021 to claim their Recovery Rebate...
by NexGen Support Team
Navigating the Freelancers Tax Landscape: A Comprehensive Guide to Obligations, Deductions, and Confidence Filing taxes can be an arduous process and taking on the freedom of freelancing could make it a bit more treacherous to traverse the landscape but this guide...
by NexGen Support Team
Restricted Stock Units (RSUs): A Comprehensive Guide for Financial Well-being Did your employer offer you restricted stock units (RSUs)? Need to know if they are good or bad for your financial well-being? This comprehensive guide will give you all the information you...
by NexGen Support Team
Fortifying Your Retirement: IRS Raises 401(k) Contribution Limits for 2024 In a move that spells good news for American workers planning for their retirement, the IRS has recently announced an increase in the 401(k) plan contribution limits for the year 2024. This...
by NexGen Support Team
Strategic Charitable Giving: Maximizing Tax Deductions and Minimizing Liabilities Charitable giving and donations can be used to reduce your tax bill by taking a tax deduction for the value of the gifts on your income tax return. In order to claim a tax deduction for...
by NexGen Support Team
There Are a Few Changes for the 2022 Tax Season That Individuals and Businesses Should Be Aware Of: Increase in the standard deduction: The standard deduction for the tax year 2022 has increased for all filing statuses. For example, the standard deduction for single...
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