This Inside Indiana Business article explains the 529 plan that is available for Indiana only. The credit is up to $1,000 dollars in 2022 and increases up to $1,500 in 2023. Bob Donica Source: Inside Indiana Business | Repost RE Donica & Associates 2/2/2023 – Indiana’s CollegeChoice 529 plan is a fantastic way to save […]
Indiana 529 Plan: 5 Common Questions Read More »
This article from Nerdwallet focuses on education tax credits and deductions you can take on your federal taxes. Bob Donica Source: Nerdwallet | Repost RE Donica & Associates 2/2/2023 – If you paid for college in the last year, you may be able to claim the American opportunity credit or lifetime learning credit, or the the
Education Tax Credits and Deductions You Can Claim for 2022 Read More »
I found a couple of articles from SmartAsset and NerdWallet on Child Tax Credits for the 2022 tax season. This year there are some substantial changes compared to last year’s credits. Enjoy the articles and I will be happy to discuss the pros and cons for you when we review your 2022 Tax Returns with
Child Tax Credit: What It Is, Requirements & How to Claim Read More »
I found a couple of articles from SmartAsset and NerdWallet on Child Tax Credits for the 2022 tax season. This year there are some substantial changes compared to last year’s credits. Enjoy the articles and I will be happy to discuss the pros and cons for you when we review your 2022 Tax Returns with
2022 Child Tax Credit: What Will You Receive? Read More »
This article from Kiplinger highlights contribution limits for 2022 and 2023. Let me know if you have any questions. I will be glad to discuss the impact this has on your scenario when we meet to review your 2022 tax returns. Bob Donica Source: Kiplinger | Repost RE Donica & Associates 1/19/2023 – All-in-all, Roth
Roth IRA Contribution Limits for 2022 Read More »
In this article from Nerdwallet, you will find highlighted the income limits for 2022 and 2023 for your reference. Let me know if you have any questions. I will be glad to discuss the impact this has on your scenario when we meet to review your 2022 tax returns. Bob Donica Source: Nerdwallet | Repost
Roth IRA Contribution and Income Limits 2022 and 2023 Read More »
When Is Tax Day? Tax Day 2023 is April 18 for all federal tax returns and payments. State of Indiana is April 18th as well. So why the change this year? Emancipation Day is being observed on Monday, April 17, in Washington, D.C., which means government offices are closed. So you get until Tuesday to
The state started sending out taxpayer refund checks last week. You should receive it Direct Deposit from The Indiana Department of Revenue as long as you have bank information on File, or a paper check by Nov 1, 2022. If you have not received it by Nov 1, 2022, taxpayers can contact the Department of
Here’s When You Can Now Expect Your Tax Refund Check From The State Read More »
This article from the IRS shares changes that have occurred for business mileage as well as mileage for medical trips. These changes started July 1, 2022. Check out the article and give me a call if you have any questions. Robert Donica Source: IRS | Repost RE Donica & Associates 8/15/2022 – The Internal Revenue
IRS Makes Some Tax Changes For The 2022 Filing Season Read More »
