2021 Social Security Tax and Benefit Increases Announced
Category Archives: Blog
2021 Social Security Tax and Benefit Increases Announced
Share by The Social Security Administration recently announced 2021 increases to both benefits and the taxable wage base for FICA taxes. Increases Announced for 2021 Workers are facing a 3.7 percent increase in the taxable wage base subject to Social Security … Continue reading
How Businesses Can Adapt, Grow During COVID-19
Share by In order to survive – and even thrive – during these unprecedented times, small businesses have had to find new ways to make money. The UPS Store’s Small Biz Buzz survey found that 41 percent of small businesses … Continue reading
Will StarLink be the Next Disruption to the Telecommunication Industry?
Share by With every new project comes expectations, uncertainties, questions, opposition, and more. Elon Musk’s StarLink internet is one such project. Just last month, on Nov. 24, SpaceX launched 60 StarLink internet satellites – making a total of more than … Continue reading
COVID-19 Vaccine Rollout: Where We Are So Far
Share by While the pandemic is not over, we do have some good news. There are vaccines and they will be available soon. Here’s where we are in terms of an overall plan and where states are with distributing the … Continue reading
A Flush of Protections for Veterans and Native Americans
Share by Veterans’ Compensation Cost-of-Living Adjustment Act of 2020 (HR 6168) – Introduced by Rep. Elaine Luria (D-VA) on March 10, this bill increases Vet compensation benefits by 1.3 percent (the same as for Social Security recipients). The increase impacts … Continue reading
Our Top 6 Year-End Tax Planning Tips
Share by This has been a year of economic and tax uncertainty with the impact of the COVID-19 pandemic, potential stimulus bills, and the presidential election. As a result, tax planning may be more important than usual this year. To … Continue reading
