As published in IRS News Release IR-2024-285, Nov. 1, 2024

As part of our Tax Planning Series, we’re diving into important updates and strategies to help you prepare for the 2024 tax season. From inflation adjustments to tax brackets and deductions to special credits and end-of-year planning opportunities, Zach Kanady, supervisor at HHM CPAs, covers these important topics and more in a Q&A.

November 17-23 is Fraud Awareness Week in 2024, which presents an opportunity to remind everyone that fraud continues to rise throughout the world. It’s also a great time to discuss ways to prevent fraud and perhaps reduce the number of people who fall victim to the schemes and scams that seem to multiply daily.

The final deadline for submitting amended returns and refund claims is Monday, December 2, 2024.

This guide summarizes the key requirements and exemptions of the CTA.

The top 5 things you can do to make your W-2 reporting process go smoothly.