Tax Preparation, Insurance, Payroll, Medicare and Business Advisement in Jamestown NY
Learn about tax tips and articles from our advisory section from Gleason Tax Advisory.
With temperatures rising, there’s no doubt that summer is here. And while you probably know how important it is to shield your skin from harmful UV rays, it’s also just as important to protect your eyes. Read on to learn how UV rays can impact … [Read more...] about Can Summer Sun Ruin Your Sight?
Every 1 in 7 American is 65 or older making them eligible for Medicare. The federal health insurance program can be complicated and confusing, so there’s no surprise that they even have a Medicare for Dummies book to help simplify … [Read more...] about Busted: The Top 3 Medicare Myths
As of January 1, employers can now offer Pension-Linked Emergency Savings Accounts (PLESAs) to non-highly compensated employees. These short-term savings accounts, integrated within a defined contribution plan, allow eligible employees to withdraw … [Read more...] about Employers Can Now Offer Pension-Linked Emergency Savings Accounts
The IRS has postponed the new Form 1099-K reporting requirements once again. Originally, starting in 2022, third-party settlement organizations (TPSOs) like PayPal, eBay, Etsy, and Venmo were supposed to issue Forms 1099-K if an individual received … [Read more...] about Update on New Form 1099-K Reporting Requirements
Understanding Required Minimum Distributions (RMDs) for Older Adults Once you reach age 73 and are no longer working, it's time to start drawing funds from your retirement savings accounts to meet the required minimum distribution (RMD) for the … [Read more...] about Turning 73?
Business owners often grapple with the decision of whether to manage payroll in-house or outsource it to a professional service. While some companies may need in-house payroll due to specific complexities, many small businesses stand to gain … [Read more...] about Outsourcing Payroll
