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401(k) and IRA Limits Increase for 2023

11.02.22
The Internal Revenue Service (IRS) recently announced that the amount individuals can contribute to their 401(k) plans in 2023 is $22,500, up from $20,500 in 2022. Doeren Mayhew’s individual tax advisors highlight the changes for 2023 so you can be...
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4 Benefits of Cost-Control Management

11.01.22
If your company comes up over budget year after year, you may want to consider cost-control management. This is a formalized, systematic review of operations and resources with the stated goal of reducing or at least controlling costs at every level....
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Biden Signs Inflation Reduction Act Into Law

08.16.22
On Aug. 16, 2022, President Biden signed the Inflation Reduction Act of 2022 (IRA) into law. The IRA includes significant provisions related to climate change, health care, and, of course, taxes. The IRA also addresses the federal budget deficit. Acc...
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