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How can 2024 capitalization rules affect tax exemptions?

As we edge closer to 2024, professionals and businesses alike are bracing for the impending changes in tax regulations, particularly those pertaining to capitalization rules. At Creative Advising, a leading CPA firm specializing in tax strategy and bookkeeping, we...

How does the saver’s credit relate to AGI in 2024?

As we approach a new financial year, many individuals are looking into how they can maximize their savings and reduce their taxable income. A critical component of this quest is understanding tax credits and deductions that can significantly impact one’s...