Three Things to Know Right Now

Three Things to Know Right Now

Updated IRS Filing Regulations

If your business regularly files paper returns, you will want to pay attention to this update. Effective January 1, 2024, the threshold of the number of paper returns the IRS will accept from one business entity has been reduced from 250 to 10 returns in a calendar year. For example, if your business files ten or more of any type of return — such as W2s or 1099s — by paper within a calendar year, you will be required to file them electronically. Learn more.

Spring Cleaning for Your 401(k)?

You may have noticed recent market fluctuations – both positive and negative – but have you considered how these changes impact your asset mix? Employer-sponsored retirement plans (401(k), 403(b), etc.) offer plan-specific investment options. We suggest a full account rebalance at least once per quarter. Taking this step will ensure that you are still holding your desired allocation – like if your 80% equity exposure slipped down to 75% — allowing you to sell investments with increased value and buy what is low. If you need help determining the right asset allocation for your situation, our team of Investment Advisors is ready to help.

AI-generated Content: Convenient but Lacking

AI (artificial intelligence) tools can be timesavers, but you must be on guard when using them. AI tools often generate incorrect or plagiarized content, so it always needs to be reviewed by a person. People relate to people best, so even better – stick with having human team members create your content.

One source, many services, the right decision.

Our team of professionals is here to help. Call 215-723-4881 or contact us online to get started.

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