December 2021
With Year-End Approaching, 3 Ideas That May Help Cut Your Tax Bill
If you’re starting to worry about your 2021 tax bill, there’s good news — you may still have time to reduce your liability. Here are three quick strategies that may help you trim your taxes [...]
Small Businesses: There Still May Be Time To Cut Your 2021 Taxes
Don’t let the holiday rush keep you from considering some important steps to reduce your 2021 tax liability. You still have time to execute a few strategies. Purchase assets Thinking about buying new or used [...]
IRS Announces Adjustments to Key Retirement Plan Limits
In Notice 2021-61, the IRS recently announced 2022 cost-of-living adjustments to dollar limits and thresholds for qualified retirement plans. Here are some highlights: Elective deferrals. The annual limit on elective deferrals (employee contributions) will increase [...]
New Digital Asset Reporting Requirements Will Be Imposed In Coming Years
The Infrastructure Investment and Jobs Act (IIJA) was signed into law on November 15, 2021. It includes new information reporting requirements that will generally apply to digital asset transactions starting in 2023. Cryptocurrency exchanges will [...]
California Tax Updates Regarding Wildfire Victims
Update 1: Wildfire victims in parts of California now have until Jan. 3, 2022, to file certain tax returns and make tax payments. In August 2021, CA granted extensions to individuals and businesses affected by [...]
November 2021
Giving Tuesday- The Link Team Partners with Redwood Empire Food Bank
The Link Team had a great time with the Redwood Empire Food Bank on their Trot To End Hunger today! Great people and an even better cause. Proud to have them as neighbors and amazing [...]