WK Tax Service
WK tax service can help small business in the bookkeeping , Payroll Services, Financial Reports, Management, Tax Planning, and Audit Representation. As an Enrolled Agent, I can represent and help client in an audit from IRS or State. I also help new & existing businesses in bookkeeping and prepare Financial Statement, 1099, W2 and most of other business requirments.
03/11/2024
Let's take a look at what has changed for 2023 income tax return reporting.
Highlights of Important 2023 Federal Tax Updates | WK Tax and Accounting Services For the 2023 tax year, several new federal tax laws and adjustments went into effect. Here are some key changes: 1. Tax Inflation Adjustments: The IRS announced annual inflation adjustments for more than 60 tax provisions, including tax rate schedules and other tax changes. (Refer to: https://ww ...
11/07/2018
401(k) and IRA Contribution Limits - Did You Know?
The IRS has announced cost-of-living adjustments that increase the contribution limits for 2019. The limit for 401(k), 403(b), most 457 plans as well as the Thrift Savings Plan is increased from $18,500 to $19,000.
For IRAs and Roth IRAs, the limit on annual contributions is increased from $5,500 to $6,000. If you are aged 50 or older, the catch-up contribution limit remained at $1,000 meaning you may now be able to contribute up to $7,000.
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23505 Crenshaw Boulevard, Suite 222
Torrance, CA
90505
Opening Hours
| Monday | 9am - 5pm |
| Tuesday | 9am - 5pm |
| Wednesday | 9am - 5pm |
| Thursday | 9am - 5pm |
| Friday | 9am - 5pm |