Year-end giving to charity or loved ones

Year-end giving to charity or loved ones

The holiday season is here and many people plan to donate to their favorite charities or give money or assets to their loved ones before the end of the year. Here are the basic tax rules involved in these transactions. Donating to charity In 2022, in order to receive...
Seek Your Mentor

Seek Your Mentor

Episode Transcription 00:00:00 – Glenn Hello everyone. Welcome to another edition of Empowering Entrepreneurs Podcast. I’m Glenn Harper. 00:00:04 – Julie Julie Smith. 00:00:05 – Glenn What’s up Julie? How are things? 00:00:07 –...
Employers: In 2023, the Social Security wage base is going up

Employers: In 2023, the Social Security wage base is going up

The Social Security Administration recently announced that the wage base for computing Social Security tax will increase to $160,200 for 2023 (up from $147,000 for 2022). Wages and self-employment income above this threshold aren’t subject to Social Security tax....
5 steps to take now to cut your 2022 tax liability

5 steps to take now to cut your 2022 tax liability

It has been quite a year — high inflation, rising interest rates and a bear stock market. While there’s not a lot you can do about any of these financial factors, you may have some control over how your federal tax bill for the year turns out. Here are some strategies...
Michael Flinner and Jack Tucker from Seamless Logistics

Michael Flinner and Jack Tucker from Seamless Logistics

Episode Transcription Glenn: Hello, everybody. Welcome to another edition of Empowering Entrepreneurs. I’m Glenn Harper. Glenn: Julie Smith. Glenn: What’s up, Julie? Julie: How’s it going? It’s getting cold out. There. Glenn: It is. I...