401(k) limit changes from the IRS

From the IRS: 401(k) contribution limit increases to $19,500 for 2020; catch-up limit rises to $6,500 WASHINGTON — The Internal Revenue Service today announced that employees in 401(k) plans will be able to contribute up to $19,500 next year. The IRS announced this and other changes in

Read more

Safekeeping Tax Records

With the tax filing season quickly approaching, it’s a good time to re-visit how long to keep tax returns and other documents. The IRS generally recommends keeping copies of tax returns and supporting documents at least three years. Employment tax records should be kept at least four

Read more