flexible spending account contributions

Don’t Forget to Use Up Your Flexible Spending Account!

Don’t Forget to Use Up Your Flexible Spending Account!

Do you have a tax-saving flexible spending account (FSA) with your employer to help pay for health or dependent care expenses? As the end of 2021 nears, there are some rules and reminders to keep in mind. An Account for Health Expenses A pre-tax contribution of $2,750 to a health

Sonya Foster2021-11-30T16:09:44-07:00November 17th, 2021|

Some Tax Limits Affecting Businesses Have Increased for 2020

Some Tax Limits Affecting Businesses Have Increased for 2020

An array of tax-related limits that affect businesses are annually indexed for inflation, and many have increased for 2020. Here are some that may be important to you and your business. Social Security tax The amount of employees’ earnings that are subject to Social Security tax is capped for 2020

Sonya Foster2021-04-12T14:54:35-06:00February 4th, 2020|