by Tax News | Jan 9, 2025 | Tax Tips and News
The IRS has announced a one-day extension for taxpayers with federal tax deadlines originally set for Thursday, January 9, 2025. The new deadline is Friday, January 10, 2025. This extension comes in response to a Presidential Proclamation issued on December 29,...
by Tax News | Jan 9, 2025 | Tax Tips and News
If you underpaid taxes in 2024, consider making a fourth-quarter estimated tax payment by Jan. 15, 2025, to avoid penalties. The U.S. tax system requires payments throughout the year via paycheck withholdings or quarterly estimated payments. Missing a quarterly...
by Tax News | Jan 8, 2025 | Tax Tips and News
The IRS annually adjusts over 60 tax provisions for inflation to prevent “bracket creep,” where inflation, not income growth, pushes taxpayers into higher brackets or reduces deductions. Since 2018, the IRS has used the Chained Consumer Price Index (C-CPI) for more...
by Ledger General | Dec 20, 2024 | Tax Tips and News
The Ledger General offices will be closed from Wednesday, December 25 through Wednesday, January 1. From our desk to yours – happy holidays!
by Ledger General | Nov 25, 2024 | Tax Tips and News
The Ledger General offices will be closed on Thursday & Friday, November 28 & 29 for the Thanksgiving holiday. May this Thanksgiving be as joyful as you deserve, and the start of a happy holiday season!
by Ledger General | Nov 7, 2024 | Tax Tips and News
The Ledger General offices will be closed on Monday, November 11 in observance of Veterans Day. We are grateful for the service of all service members and hope you have an exceptional day of appreciation!
