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IRS Reminds Retirees: April 1 is last day to start taking money out of IRAs and 401(k)

by DMJPS PLLC | Mar 16, 2023 | Employee Benefit Plans, Mergers & Acquisitions, Tax Consulting, Tax Watch

The IRS has released a series called the Tax Time Guide, a resource to help taxpayers file an accurate tax return. Additional help is available in Publication 17, Your Federal Income Tax.  Several of those resources and tools are highlighted below. This original...

Tax Time Guide: Using electronic payment and agreement options for taxpayers who owe can help avoid penalties and interest

by DMJPS PLLC | Mar 13, 2023 | Business Consulting, IRS, Tax Consulting, Tax Watch

The IRS has released a series called the Tax Time Guide, a resource to help taxpayers file an accurate tax return. Additional help is available in Publication 17, Your Federal Income Tax.  Several of those resources and tools are highlighted below. This original...

CPA Firm DMJPS PLLC Raises $19,050 for Special Olympics North Carolina

by DMJPS PLLC | Feb 27, 2023 | Announcements, Human Resources, Inside DMJPS, News

One of the region’s most unique fundraising events took place on Saturday in Greensboro at Wet n’ Wild Emerald Point. The Triad Chill for Special Olympics was held on a frigid afternoon with hundreds of community supporters in attendance. Longtime sponsor and CPA...

6 Tips to Protect Your Business from Ransomware Attacks in 2023

by DMJPS PLLC | Feb 23, 2023 | Business Consulting, Healthcare, Hospitality & Restaurants, Tax Watch, Technology, Technology Consulting

Cybersecurity is a never-ending job. Hackers and other bad actors are always adapting their tactics in order to overcome the latest security measures. Businesses must then modify their cybersecurity practices to counter new threats. The cycle continues again and...

What Is in the Consolidated Appropriations Act of 2023?

by DMJPS PLLC | Feb 16, 2023 | Tax Watch

On December 29, 2022, President Biden signed the Consolidated Appropriations Act (CAA) of 2023 into law. The bill appropriates approximately $1.7 trillion for fiscal year 2023 and makes several significant changes to the Internal Revenue Code (IRC). The new tax laws...
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