Tag: Internal Revenue Service

The Employee Retention Credit was introduced as a relief measure to help businesses retain employees during the COVID-19 pandemic. However, the program faced numerous…

The allure of owning a summer or second home extends beyond the pleasure of having a personal retreat; it also offers potential financial benefits and…

As a business owner, you shoulder a tremendous number of responsibilities to ensure you are offering a competitive benefits package to your employees. Now, thanks…

Penalties on underpayments of income taxes paid quarterly rather than through paycheck withholding have recently surged, writes Laura Saunders for The Wall Street Journal.

There…

A spousal IRA is a tax break offered by the Internal Revenue Service that can help many married couples increase their retirement savings, writes Lori…

“Audit” is a word that can strike fear into the hearts of taxpayers.

However, the chances of an Internal Revenue Service audit aren’t that…

As tax season approaches, it’s time to prep your financials and stay on guard against the looming threat of tax identity theft. It is…

Named after its section in the Internal Revenue Service code, 401(k)’s and other employer-sponsored retirement plans, such as 403(b)’s and…

The Philadelphia Region is home to some of the wealthiest counties in the state, writes Lindsay Smith for the Centre Daily Times.

The ranking was…

I Bonds are still an attractive choice for numerous investors, writes Veronica Dagher for The Wall Street Journal.

Starting on November 1, these inflation-adjusted…

As area residents continue to march through March, there is much to look forward to: Daylight is lasting a bit longer in the late afternoons…

The Internal Revenue Service is postponing the tax filing and payment deadline for individuals from April 15 to May 17 for 2020 tax returns, writes…

An anonymous donor has made a $500,000 donation to the Hebrew Free Loan Society of Greater Philadelphia for interest-free, short-term loans to…