Important IRS Update – IRA’s & 401k Plans 2013 Contribution Limits

The IRS has set annual contribution limits for IRAs, 401(k)s and other retirement plans higher for 2013, and made other important adjustments for inflation as. Continue reading

Personal Tax Question: How to pay tax on a New York based contract?

The requirement to file a Federal Tax return is more complex than you may think and do not assume that regulations concerning your personal tax position applies equally to your company (assuming that you contract through a personal service company). Continue reading