Fabian Accounting LLC
Stephen J Fabian E. A. Principal
Accounting and Tax preparation. Specializing in annual IRS 1040,
14/02/2024
30/01/2024
Tax season starts now! đź“ť
11/07/2023
https://www.investopedia.com/401-k-matching-for-student-loan-repayments-6342924 #:~:text=The%20Securing%20a%20Strong%20Retirement%20Act%20(SECURE%202.0)%20authorized%20linking,this%20benefit%20to%20their%20employees.
401(k) Match for Student Loan Repayments: What You Need to Know Employers can offer 401(k) matching for student loan payments, making it easier for employees with student loan payments to begin saving for retirement.
04/07/2023
Wishing everyone a Happy 4th of July. God Bless America.
19/10/2022
The IRS is increasing the standard deductions for 2023 as inflation intensifies The IRS is increasing energy-related tax breaks, as well as standard deductions for single and married people and heads of households.
Only our business name has changed.
22/08/2022
Are You a Non-Filer? How to Come in From the Cold With the IRS If you’re a non-filer, what’s the best way to get back into the system and avoid possible nasty consequences like a criminal referral? Green & Sklarz’s Eric Green looks at whether it’s better to use the IRS’ voluntary disclosure program or file missing returns.
The CPI inflation rate eased to 8.5%, retreating from June's 9.1% inflation rate amid falling gas prices, retail discounting, the return of online deflation, and a plunge in shipping costs. Consumer demand has downshifted while Covid supply-chain snags are being ironed out.
03/08/2022
Guidance related to House Bill 481, Living Infants and Fairness Equality (LIFE) Act In light of the June 24, 2022, U.S. Supreme Court ruling in Dobbs v. Jackson Women’s Health Organization and the July 20, 2022, 11th Circuit Court of Appeals ruling in Sistersong v. Kemp, the Department will recognize any unborn child with a detectable human heartbeat, as defined in O.C.G.A. § 1-...
28/07/2022
https://www.usatoday.com/story/money/2022/07/27/810-million-mega-millions-what-to-know/10158602002/
If you win the $1 billion Mega Millions jackpot, here's what you need to know The Mega Millions lottery jackpot is now $1 billion. If you're lucky enough to win, stay quiet and read this to know what to do.
12/07/2022
Unpaid Payroll Taxes Just Became More Dangerous for Owners Seemingly routine payroll tax debt might turn a civil obligation into a criminal tax nightmare in waiting, so tax professionals need to advise their clients properly before the IRS shows up, says Green and Sklarz LLC’s Eric Green.
Happy Monday Everyone!!!
I just want to thank you all for your support. You give the confidence I need to serve my clients.
Have a great week!
04/07/2022
Happy Independence Day.
22/06/2022
IRS makes more progress on tax return backlog The service said that as of June 10, it had processed more than 4.5 million of the more than 4.7 million individual paper returns received in 2021.
IRS has just raised business miles rate for last 6 months of year. 62.5.
The state of Connecticut is now accepting applications for the 2022 child tax rebate.The program, which is part of the budget, will provide taxpayers with a state tax rebate up to $250 per child for a maximum of three children. Any Connecticut resident who claimed at least
one dependent child on their 2021 federal income tax returns may be eligible. Those interested have until July 31 to apply to the Department of Revenue Services.
To apply, visit https://egov.ct.gov/
drschildrebateform/
To receive the maximum rebate of $250 per child (for up to three children), the following
income guidelines must be met:
Single or married filing separately $100.000 or less
Head of household $160,000 or less
Married filing jointly $200,000 or less
24/05/2022
Year after year some things never change
My office after tax season!
24/05/2022
Sales tax risks of non-fungible tokens A non-fungible token (NFT) is a unique digital title (token) to real or virtual property stored on a blockchain ledger. It is used as a medium to invest in art, music, media, trading cards and other items. Some feel it should be considered a non-tangible asset. Unlike Bitcoin, NFTs represent a uniqu...
09/02/2022
IRS works to overcome processing backlog, automated notice problems The service is setting up so-called “surge teams,” temporarily moving approximately 1,200 employees with previous experience back into key areas from other parts of the agency.
Why are most accountants so goodlooking? They have great figures.
What do accountants’ spouses say to fall asleep when they have insomnia? “Sweetie, tell me about your job.”
10/01/2022
https://apple.news/A-R69MkctQ0GDAiM_qMJx4Q
Treasury warns taxpayers to brace for a turbulent tax filing season — POLITICO The IRS is still dealing with backups in processing returns from the past two filing seasons.