Understanding the SALT deduction and PTE tax elections

The SALT deduction has been a longstanding benefit for taxpayers who pay state and local taxes. However, recent limitations to the SALT deduction have left taxpayers in high-tax states looking for alternatives. One such option is the PTE tax election, which allows pass-through entities to pay and deduct state and local taxes on behalf of their owners. 

2023 benefit plan limits and thresholds

If you are an employer or benefits administrator, it is important to stay up-to-date on the latest benefit plan limits and thresholds to ensure that your plans are in compliance with the law and that you are providing the best possible benefits to your employees. In this article, we will provide an overview of the benefit plan limits and thresholds for 2023.

Key provisions of the SECURE 2.0 Act for employers

The SECURE 2.0 Act aims to improve retirement savings by making it easier for employers to offer retirement plans to employees and for individuals to increase their retirement savings. This article will discuss selected provisions of the Act and their potential impact on employers.

Key provisions of the SECURE 2.0 Act for individuals

The SECURE 2.0 Act of 2022 aims to improve retirement savings by making it easier for employers to offer retirement plans to employees and for individuals to increase their retirement savings. Learn about select provisions of the Act that affect individuals.

What you need to know about tax nexus

Understanding nexus is essential for determining a company’s tax obligations. However, many businesses are unaware of what establishes nexus and thus are unaware of their tax obligations. Learn about tax nexus and how it may affect your company.

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