by Red Rock Tax Accountant | Jan 15, 2021 | Finance News
The IRS and Treasury Department released the second round of the covid-19 stimulus relief payments as part of the Supplemental Appropriations Act of 2021, signed into law on December 27th, 2020. It’s part of the $900 billion coronavirus relief package designed to help...
by Red Rock Tax Accountant | Sep 22, 2020 | Tax Facts
Tax Fact: The end of the year is coming up on us fast and that means that tax season is right around the corner. There have been some changes to HSA and IRA contributions. HSA: Contribution limit (employer + employee): 2020: Self-only: $3,550 Family: $7,1002019:...
by Red Rock Tax Accountant | Sep 15, 2020 | Tax Facts
Tax Fact: Did you know that an HSA (health savings account) can provide some of the best tax-saving benefits? Contributions to an HSA can be deducted from your taxes. You’ll need a qualifying high deductible health plan to be eligible to contribute to an HSA,...
by Red Rock Tax Accountant | Sep 8, 2020 | Tax Facts
It’s Tax fact Tuesday!! Should I be an employee or be my own boss? Everyone needs income to live and support their family. The question is should I be an employee, or should I be my own boss? There are pros and cons to both. As an employee, you are subject to...
by Red Rock Tax Accountant | Sep 1, 2020 | Tax Facts
It’s Tax Fact Tuesday!I We would like to share with you some financial tips… some you may have never thought of……When is a good time to focus on your financial health? I am going to say… NOW Get paid what you’re worth and spend less...
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