Wednesday, November 09, 2022
No one needs to remind business owners that the cost of employee health care benefits keeps going up. One way to provide some of these benefits is through an employer-sponsored Health Savings Account (HSA).... Read More
Wednesday, November 02, 2022
The effects of inflation are all around. You’re probably paying more for gas, food, health care and other expenses than you were last year. Are you wondering how high inflation will affect your federal income tax bill for 2023? The IRS recently announced next year’s inflation-adjusted tax amounts for several provisions.... Read More
Wednesday, October 26, 2022
Are you feeling generous at year end? Taxpayers can transfer substantial amounts free of gift taxes to their children or other recipients each year through the proper use of the annual exclusion.... Read More
Wednesday, October 19, 2022
Businesses can provide benefits to employees that don’t cost them much or anything at all. However, in some cases, employees may have to pay tax on the value of these benefits.... Read More
Wednesday, October 12, 2022
If you’re interested in investing in tax-free municipal bonds, you may wonder if they’re really free of taxes. While the investment generally provides tax-free interest on the federal (and possibly state) level, there may be tax consequences. Here’s how the rules work.... Read More
Wednesday, October 05, 2022
If you have a child or grandchild who’s going to attend college in the future, you’ve probably heard about qualified tuition programs, also known as 529 plans.... Read More
Friday, September 30, 2022
GMP attends "Meet the Firms" as a platinum sponsor. ... Read More
Tuesday, September 27, 2022
Now that fall is officially here, it’s a good time to start taking steps that may lower your tax bill for this year and next.... Read More
Wednesday, September 21, 2022
Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2022.... Read More
Wednesday, September 14, 2022
You may have heard that the Inflation Reduction Act (IRA) was signed into law recently. ... Read More