WASHINGTON — The Internal Revenue Service announced today that the amount individuals can contribute to their 401(k) plans in 2023 has increased to $22,500, up from $20,500 for 2022. The…

When people get married their tax situation often changes. A taxpayer’s marital status as of December 31 determines their tax filing options for the entire year, but that’s not all…

IRS Tax Tip 2022-191, December 15, 2022 Whether they plan to stay up to greet the new year or go to bed early, taxpayers can get ready for 2023 by…