Column, Money Matters

Where’s my refund?

By Kevin Theissen The Internal Revenue Service continues to be backlogged and shorthanded—because of years of mismanagement plus Covid-19 related difficulties. As of last month, the IRS had over 20 million tax returns and correspondence waiting to be processed. Last […]

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Column, Movie Diary

2022 contribution limits increase

By Kevin Theissen Preparing for retirement just got a little boost. This week, the Internal Revenue Service (IRS) announced new contribution limits for 2022. Staying put for 2022 are traditional Individual Retirement Accounts (IRAs), with the limit remaining at $6,000. […]

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Money Matters

Income taxes are complex but logical

By Kevin Theissen The Internal Revenue Service estimates that taxpayers and businesses spend 6.1 billion hours per year complying with tax-filing requirements. To put this into perspective, if all this work were done by a single company, it would need […]

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