2022 Tax Changes
If you sell products on Etsy, eBay, PayPal, or even Facebook Marketplace you will need to get familiar with the new tax laws. Prior to...
Trademark blog
When applying for a trademark there is a list of requirements you must meet. It is crucial to keep in mind when applying what the USPTO...
401(k) Increases to $20,500
The IRS has announced that the amount an individual can contribute to their 401(k) plans in 2022 has been raised to $20,500, as opposed...
Laws of Contract Amendment
While the terms of a contract are binding it is possible to amend the terms of a contract. Most contracts are in writing and they outline...
New Changes Coming to Trademark Registration
The USPTO has released new rules that will apply to trademark registration and court proceedings starting December 18, 2021. These rules...
Inflation Jumps for Goods and Services Since COVID-19 Pandemic
It is not surprising that since the pandemic started national inflation has jumped, however, no one was expecting that the prices for...
Inflation Adjustments for Tax Year 2022
The IRS recently released the 2022 annual inflation adjustment report and how it will affect tax brackets for the 2022 tax year. These...
Section 1202
Section 1202, also called the Small Business Stock Gains exclusion, allows for capital gains from select small business stock to be...
What’s the Difference Between a Roth IRA and a Traditional IRA?
IRA stands for “individual retirement account.” There are two basic types – Roth and Traditional. Each has some similarities and also...
What Exactly is the IRS?
The Internal Revenue Source (IRS) is a federal agency. Specifically, it is a bureau within the Department of the Treasury. Interestingly,...
