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December 2024 Tax Due Dates

December 16 Calendar-year corporations: Pay the fourth installment of 2024 estimated income taxes, completing Form 1120-W for the corporation’s records. Employers: If the monthly deposit rule applies, deposit Social Security, Medicare, and the withheld income taxes for November. Employers: Deposit …

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RUSSO CPA Blog: Standard vs. itemized deductions

Tips To Avoid Fraud and Scams After a Disaster

Criminals and fraudsters often see disasters as an opportunity to take advantage of victims when they are the most vulnerable, as well as the generous taxpayers who want to help with relief efforts. Generally, these disaster scams start with unsolicited contact – typically a phone call, on social media, by email, or even in person. Reviewing the tips listed below will help taxpayers recognize a scam and avoid becoming a victim.

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Surprise IT Failures Pose a Major Financial Risk to Companies

It’s every business owner’s nightmare. You wake up in the morning, or perhaps in the middle of the night, and see that dreaded message: “We’re down.”

It could be your website, e-commerce platform or some other mission-critical information technology (IT) system. All you know is it’s down, and your company is losing money by the hour.

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Due Diligence Tips: Risks and Rewards in M&A Deals

When it comes to growth, businesses have two broad options. First, there’s organic growth — that is, progress made through internal efforts such as boosting sales, expanding into other markets, innovating new products or services, and improving operational efficiency.

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7 Year-End Tax Planning Tips for Individuals

As the holidays approach, it’s time to consider tax planning moves that will help lower your 2024 taxes, as well as set you up for tax savings in future years. Here are seven year-end tax planning ideas to consider.

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