- Our Team
January 28, 2016
As we dive into the tax season, it is important that you are aware of the new regulations and credits that are in effect as of January 1st. That’s why we have created our annual ‘Hobe & Lucas Tax Tips Cheat Sheet’ which can be downloaded below. Many of these regulations and credits should be taken into consideration when planning throughout the year in order to decrease tax liability. On our reference sheet, you will find a guide to some of credit limits and top tax areas which we find to be most important to clients and their tax planning process, such as:
We all know tax planning can often be stressful and unclear to many since tax factors can change annually. Not to mention, your individual and business situations can often be complicated and complex! At Hobe and Lucas, it’s our goal to provide you with the assistance you need in order to minimize your tax liability through our well rounded tax knowledge and accounting services.
To download the PDF, please enter your name and email address below:
[email-download download_id=”671″ contact_form_id=”472″]
Still have questions? Feel free to contact your Hobe and Lucas representative, call us at 216.524.8900 or email email@example.com.
November 16, 2022
The IRS has announced that the amount individuals can contribute to their 401(k) plans in 2023 has increased to $22,500, up from $20,500 for 2022. This also applies to 403(b), most 457 plans, and the federal government’s Thrift Savings Plan. Also increasing is the catch-up contribution limit for employees aged 50 and over who participate in […]
November 1, 2022
The Internal Revenue Service has released the tax year 2023 annual inflation adjustments for dozens of tax provisions, including the tax rate schedules and other tax changes. Here are some of the key changes. Standard deduction The standard deduction for married couples filing jointly for tax year 2023 rises to $27,700, which is up $1,800 […]