R&A CPAs Newsletter for [date]
Joanne, Here Are Your Articles for Tuesday, November 21, 2023
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IRS Announces 401(k) and IRA Limits for New Year

In its usual late-year announcement, the IRS has presented the retirement plan limits and other adjustments for the new year. Click through to see what is changing—and what is not—so you can prepare for 2024.

Arizona One-Time General Welfare Rebate

Arizona Department of Revenue (ADOR) is now sending out letters notifying those Arizona taxpayers who are eligible for this one-time individual income tax general welfare rebate. To help ensure you understand the letter of notification, should you receive one, click through for the details.

Budgeting For Small Businesses

As a small business owner, you know the importance of developing a budget and tracking profitability. You also may need to manage inventory. It can all seem overwhelming.

Having the right system in place—right from the start and properly set up—can make budgeting, inventory management, and job costing easier. Click through for information about establishing and managing your budget.

Tax Considerations When Selling a Home

If you're thinking about selling your house, apartment, condominium, stock co-op, or mobile home, you may qualify for tax considerations. You might have the opportunity to exclude a portion of the money you receive post-sale from your income when filing your tax return. Click through for IRS qualifications for not having to pay capital gains tax on the sale of your home.

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Our firm provides the information in this e-newsletter for general guidance only; it does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.
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