WHAT'S NEW + BLOG
The Tax Relief for American Families and Workers Act of 2024
As the IRS gets ready to open the 2024 tax filing season on January 29, 2024, the Tax Relief for American Families and Workers Act of 2024 has yet to pass the House and Senate. The Act contains retroactive tax provisions that could significantly impact taxpayer’s 2023...
Our Rachael Knapp is the 2023 Five Star Investment Professional award winner!
We are thrilled to announce that Rachael Knapp, one of our esteemed professionals at Ramdas Accounting, has won the prestigious Five Star Investment Professional Award in 2023. This award is a testament to Rachael's exceptional skills, expertise, and dedication to her...
Secure Act 2.0
Secure Act 2.0 has officially become a law. The Act has some serious consequences for retirement accounts. Below are some key takeaways: Change in RMD Age: The Secure Act of 2019 previously changed the required minimum distribution age from 70 ½ to 72. Secure Act 2.0...
Student Loan Forgiveness Information
With the new announcement of student debt forgiveness, here is some information on questions you may have with the new plan.
Tax Tuesday – Rental Activites and Self Employment Tax
What rental activities are subject to self employment tax? Read more here!
TUESDAY TIPS FOR FINANCIAL HABITS
Read inside to get some pointers on teaching your children better financial habits.
TAX TUESDAY – WITHHOLDING
The IRS has a withholding calculator that will help you determine how much should be withheld from your paycheck based on amount you want refunded or to owe at tax filing.
FINANCE FRIDAY – INHERITED IRAs
Read here to learn the new rules on inherited IRAs for non-spouse beneficiaries.
Tax Tuesday – 2022 Tax Season Update
Recently, the IRS released an article talking about the 2022 tax season. Click to read our takeaways!
FINANCE FRIDAY – DEATH AND BENEFICIARIES
By planning your beneficiaries ahead of time you can not only save your loved ones trouble in the time of your passing, but also help them save on taxes!