The IRS has announced updated Health Savings Account (HSA) contribution limits for 2026. For self-only coverage, the limit will be $4,400, a $100 increase from 2025. For family coverage, the limit will be $8,750, an increase of $200. The catch-up contribution limit...
Taxes
What taxpayers should do if they get mail from the IRS
IRS sends notices and letters when it needs to ask a question about a taxpayer’s federal tax return, let them know about a change to their account or request a payment. Don’t panic if mail comes from the IRS – they’re here to help. When a taxpayer receives mail from...
What to Do If an Employee Completes Their Form W-4 Incorrectly
The Form W-4, Employee's Withholding Certificate, is a critical document for determining the correct amount of federal income tax to withhold from an employee’s paycheck. If an employer discovers that an employee has completed their Form W-4 incorrectly, it is...