MERLIN FINANCIAL IQ – Your Financial Wizard

IRS Adjusts Tax Brackets to Account for Inflation: Shifts in tax brackets as well as the standard deduction slated for 2024

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taxes, taxplanning

On October 18, 2022, the IRS announced tax year 2023 adjustments for tax returns filed in 2024. From the IRS directly: “The tax items for tax year 2023 of greatest interest to most taxpayers include the following dollar amounts: The standard deduction for married couples filing jointly for tax yea…Read More
2023 Tax Guide to Fringe Benefits Released: Cents-per-mile rule, parking and transportation benefits and health FSAs

The IRS has released the 2023 final version of its Publication 15-B (The Employer’s Tax Guide to Fringe Benefits). The “What’s New” section of the publication includes information on the 2023 business mileage rate under the “cents-per-mile rule,” the monthly exclusion for qualified parki…Read More
Late January is a Great Time to Pay Your Taxes: Tips for paying taxes soon and what to do if you can’t pay on time

Tags:

newyearplanning, taxplanning

When should you file your income tax? The earlier, the better; before the end of January – if you expect to get a refund. If you file by the end of February, you should receive your check within six weeks. But, if you delay and file in April when the Internal Revenue Service is inundated by forms …Read More
Tax Filing 2023: How to File Taxes This Year: Here’s how to get started if you’re learning how to file taxes online or on paper

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newyearplanning, taxes, taxplanning

Tax filing can be daunting. So if you’re wondering how to file taxes in 2023, here’s a cheat sheet on how to do your taxes and how to make tax filing easier. 1. Determine if you need to file Whether you have to file a tax return this year depends on your income, tax filing status, age and othe…Read More
Key Financial Data 2023

Tags:

newyearplanning, taxplanning

With three major pieces of tax legislation passed within the last three years, we have more nuances, more inflation adjustments, more expiring tax breaks, and more rules to follow than ever before. Stay on top of the details with our annual compilation of the various tax rates, thresholds, limitatio…Read More
Six ways to start fresh financially in 2023

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newyearplanning

The new year offers an opportunity to reflect on the past and set goals for the future. Revisiting both your personal and financial goals can help set you up for success in 2023 and beyond. Here are six ways to kick off the year with fresh perspective: 1. Revisit your household budget Start the year…Read More
A Path to Setting and Reaching Your 2023 Goals: What if you focused on your system instead of just your goals?

Tags:

yearendplanning

Setting goals for a new year can feel overwhelming. We all know that resolutions don’t last, but we also feel the energy that comes with a new year of possibilities. Here’s a clearer path for setting and reaching your goals. Many of us love complex processes. Intricacies of a large spreadshe…Read More
Time to Consider Your New Year Resolutions: Resolve to make your finances a priority with proper planning and guidance

Tags:

yearendplanning

For many people, the month of December and the New Year are times for personal reflection, a time to consider commitments and resolutions for the coming year. This year, why not resolve to make your finances a priority? With proper planning and appropriate guidance, you can begin to build financial …Read More
Financial Plans to Make Before 2023 is Upon Us: There are a lot of December 31st deadlines, so don’t wait too long to plan

Tags:

yearendplanning

The year-end holidays approach, and bring lots of things to do. Yet with holiday cheer there are financial plans to make, too. Consider these financial opportunities and deadlines before 2023 arrives. Making Financial Gifts As we count our many blessings and share time with our loved ones, we can ex…Read More
Considerations for Your Charitable Giving: Points to think about as you contemplate giving to others and causes

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charitablegiving

Any endeavor worth undertaking, especially one that may affect others, deserves our careful consideration before we begin. When contemplating charitable giving, think about the following points: Choose Your Causes. Worthy causes abound and regularly solicit our time and money. Choose a few organizat…Read More

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MERLIN FINANCIAL IQ – Your Financial Wizard

IRS Adjusts Tax Brackets to Account for Inflation: Shifts in tax brackets as well as the standard deduction slated for 2024

2023 Tax Guide to Fringe Benefits Released: Cents-per-mile rule, parking and transportation benefits and health FSAs

Late January is a Great Time to Pay Your Taxes: Tips for paying taxes soon and what to do if you can’t pay on time

Tax Filing 2023: How to File Taxes This Year: Here’s how to get started if you’re learning how to file taxes online or on paper

Key Financial Data 2023

Six ways to start fresh financially in 2023

A Path to Setting and Reaching Your 2023 Goals: What if you focused on your system instead of just your goals?

Time to Consider Your New Year Resolutions: Resolve to make your finances a priority with proper planning and guidance

Financial Plans to Make Before 2023 is Upon Us: There are a lot of December 31st deadlines, so don’t wait too long to plan

Considerations for Your Charitable Giving: Points to think about as you contemplate giving to others and causes

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