by DunlapSLK | Dec 6, 2024 | Resources For Employers, Resources For Individual Taxpayers
A federal district court judge has struck down the Biden administration’s new rule regarding the salary threshold for determining whether certain employees are exempt from federal overtime pay requirements. The first phase of the rule took effect for most employers in...
by DunlapSLK | Nov 25, 2024 | Uncategorized
President-Elect Donald Trump will return to the White House in 2025 — a year that already was expected to see significant activity on the federal tax front. A projected unified GOP Congress is poised to help him notch early legislative tax victories. (Republicans have...
by DunlapSLK | Nov 22, 2024 | Resources For Individual Taxpayers
The IRS has issued its 2025 inflation adjustment numbers for more than 60 tax provisions in Revenue Procedure 2024-40. Inflation has moderated somewhat this year over last, so many amounts will increase over 2024 but not as much as in the previous year. Take these...
by DunlapSLK | Nov 6, 2024 | Uncategorized
A repost of an item originally posted on January 3, 2024. Your business may have to meet new reporting requirements that took effect on January 1, 2024. Under the Corporate Transparency Act (CTA), enacted in 2021, certain companies will be required to provide...
by DunlapSLK | Oct 31, 2024 | Resources For Individual Taxpayers
The IRS has issued its 2025 inflation adjustment numbers for more than 60 tax provisions in Revenue Procedure 2024-40. Inflation has moderated somewhat this year over last, so many amounts will increase over 2024 but not as much as in the previous year. Take these...
