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The limit on elective deferral for contributions to 401(k) plans, 403(b) plans, most 457 plans and the federal government's Thrift Savings plan increased from $18,000 in 2017 to $18,500 for 2018.
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Criminals have a new twist on an old scam. Now they are using the taxpayers' real bank accounts for a fraudulent income tax refund deposit. Thieves are then using various tactics to reclaim the refund from the taxpayers, and their versions of the scam may continue to evolve.
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Virtual currencies are all the rage. Here are some tax consequences you must know if you decide to dip your toe in that world.
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You have filed your tax returns and are expecting a refund. Did you know that you can find out the status and expected deposit date for your refunds?
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If you are starting a new business, or have been using the desktop version of QuickBooks® for a few years, it might be time to consider using their online software called QuickBooks® Online.
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