Dec 28, 2023 | Personal Financial Planning, Tax News
The IRS has raised the contribution limit by $150 for these accounts. FSA participants can now contribute up to $3,200 through payroll deductions during the 2024 plan year. This is up from $3,050 in 2023. In some instances, the employer may also contribute to the...
Dec 26, 2023 | Business Planning, Closely Held Business, Tax News
Many businesses, their accountants and advisers have been wondering what’s happening with the employee retention credit, a refundable tax credit for businesses and tax-exempt organizations that had employees and were affected by the COVID-19 pandemic. In recent...
Dec 20, 2023 | Featured News and Events, MCB Happenings
On November 17, the team at Matthews, Carter & Boyce volunteered with Food for Others for our annual meal packing event, assembling 600 meals for deserving children and their families in our community. MCB packed non-perishable bundles of food to be delivered to...
Dec 19, 2023 | Business Planning, Closely Held Business, Tax News
State and local tax issues are a big part of a company’s tax liability. In fact, they are so impactful that a lot of companies actively decide to relocate to states that are regarded as low-tax states by the Tax Foundation, such as Florida, Nevada and North...
