Day: January 17, 2019

As tax laws continue to evolve, staying ahead of the curve has never been more important. What helped reduce your tax bill one year may not work the same way the next, especially with shifting income limits, changing deduction rules, ...

The IRS has released its inflation-adjusted tax amounts for 2026, and there are several updates individuals, families, and business owners should keep on their radar. These annual adjustments influence everything from deductions to retirement planning. Reviewing the changes now can ...

As we approach another tax season, many people focus solely on their upcoming return — but this year, it’s just as important to look ahead. Several tax law changes are set to roll out in 2026, and preparing now can ...

You may have heard of a new savings initiative that aims to strengthen the financial future of the next generation. The Trump Savings Account, set to launch in 2026, gives families a new way to help children build long-term wealth ...

Let NSO be your Valued Tax ResourceAlways consult a trusted tax professional if you are curious about any informationyou have received. Be cautious of unusual behavior and/or poorly constructedsentences. Call NSO and Company, Inc. at (317)-588-3131 to schedule a meetingfor ...

When it comes to charitable giving, many people want to support the causes theycare about while also making the most of available tax benefits. A donor-advised fund(DAF) offers a simple and strategic way to accomplish both. By contributing to a ...

Money can affect you almost every day. Whether you are starting a company, planningfor a family, or working to improve your savings, the following five financial terms willhelp you master how to better handle your money. Let NSO Help You ...

The 529 PlanOpen a 529 Plan for yourself and your children now. The new rule from theSecure Act 2.0 says after 15 years, the beneficiary can roll $35,000 out of the529 Plan into a Roth IRA. A 529 Plan can ...

Most people will never face a tax audit, but that doesn’t mean it can’t happen. The IRS audits a small percentage of returns every year. This is often based on red flags like mismatched records or unusually high deductions. Even ...