Posts by Amanda Hendren
Annual Inflation Adjustments for 2024
In this episode, we are going to discuss annual inflation adjustments for tax year 2024. We will cover changes to standard deduction amounts, income tax brackets, tax breaks, and inflation adjustments for retirement accounts, health savings accounts, and flexible spending accounts. Links: YouTube: https://youtu.be/D5YIfPQKxi4 Blog Post: https://www.accountablenumbers.com/annual-inflation-adjustments-for-2024/
Listen NowNEW! File Your 1099s for FREE on IRIS portal
Great news! The IRS has introduced IRIS (Information Returns Intake System), an easy-to-use online platform for free filing of 1099s with the IRS and your state. It lets taxpayers electronically file their Form 1099 series without any fees, and there’s no need to submit Form 1096, the usual summary of your 1099s, when using IRIS. …
Read Full PostNEW! File Your 1099s for FREE on IRIS portal
Finally, the IRS is providing a FREE online portal that you can use to file your 1099s with the IRS and your state. The portal is called IRIS (Information Returns Intake System). In this episode, we will discuss everything you need to know about this portal, including features of the site, how to use it,…
Listen NowCommon Forms of Business Debt & Tips to Pay It Back
For many businesses, loans and credit play a pivotal role in fueling growth and sustaining day-to-day operations. Although debt is typically viewed negatively, if managed properly and kept under control, it doesn’t always have to be a bad thing. Business debt refers to the money borrowed by a company to finance its operations, expansion,…
Read Full PostCommon Forms of Business Debt and Tips To Pay It Back
Many businesses rely on loans and credit to fuel their growth and operations. While debt seems to have a negative connotation, it’s not always a bad thing if you are utilizing it properly and staying on top of it. In this episode, we’ll explore common forms of business debt and discuss effective strategies for paying…
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