Remote Work Is Shrinking—But Not Disappearing
The remote work boom that defined the pandemic years is settling into a new normal. According to fresh ZipRecruiter data, nearly every state has seen declines in remote job listings as companies pull workers back to the office. Some states are harder hit than others. Massachusetts saw the steepest drop—remote postings fell more than 35%…
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IRS Paper Checks Being Phased Out: What Taxpayers Need to Know
On March 25, 2025, an executive order was issued directing the U.S. Department of the Treasury and federal agencies, including the IRS, to eliminate the use of paper checks for payments to and from the federal government. The stated goal is to modernize federal payment systems, reduce fraud, and improve processing efficiency by moving to…
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Independent Contractors vs. Employees: Why Getting It Right Matters
Many companies rely on outside contractors to stay flexible and control costs. There are often times when a business does not have the expertise for a certain task. While this strategy can be smart, it also brings a big responsibility: correctly classifying workers. Treating an employee as an independent contractor may save money in the…
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Casualty Loss Deductions Under OBBBA: What’s New for Taxpayers
Sweeping changes from the One Big Beautiful Bill Act (OBBBA) are altering how individuals claim personal casualty losses. For tax years beginning after December 31, 2025, more disaster-related losses may qualify, and several rules that were temporary are now permanent. Understanding these updates can make a big difference when disaster strikes. State Disaster Declarations Now…
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2025 Tax Planning Guide
At Dent Moses, we are committed to keeping you informed of the latest tax-saving strategies by sharing our 2025 Tax Planning Guide. The guide highlights some key considerations, but keep in mind that this resource is intended to provide broad suggestions only. There is no substitute for the guidance of an advisor who understands your…
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SECURE 2.0 Act: Expanded Catch-Up Contributions for 2025
The SECURE 2.0 Act offers more ways to boost long-term financial security. Among the biggest updates: a higher age for required minimum distributions (RMDs) and broader eligibility for part-time workers to join 401(k) plans. But the real attention-getter for 2025 is the new “super catch-up” contribution available to employees in their early 60s. Bigger Catch-Ups…
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When the Music Stops: Lessons from Three Estates Gone Wrong
Even celebrities and TV icons can fall victim to the consequences of poor estate planning. These three stories underscore the importance of thoughtful estate and tax planning. Prince: The Artist Who Left No Will Age: 57 Death: April 21, 2016; Minnesota; accidental overdose of fentanyl When Prince died in 2016, the world mourned, and his…
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Federal Government Phasing Out Paper Checks
Earlier this year, President Donald Trump signed an executive order requiring all federal agencies to stop issuing and accepting paper checks by September 30, 2025. This applies to both disbursements (tax refunds, Social Security, vendor payments) and receipts (1040 tax payments, quarterly estimates, payroll tax deposits, fees, and fines). Income Tax Refunds IRS has long…
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Pros and Cons of Converting a Traditional IRA to a Roth IRA
Converting a Traditional IRA to a Roth IRA can be a smart financial move in the right circumstances, but it’s important to weigh the pros and cons before making the switch. Roth IRA funds are currently not means-tested or taxed. Contributions are made with after-tax dollars, and qualified withdrawals—both contributions and earnings—are tax-free if you’re…
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News Options for Leftover 529 Plan Funds – Convert to Roth IRA
The SECURE 2.0 Act of 2022 introduces a noteworthy change: a special rule allowing transfers from 529 plans to Roth IRAs. Effective in 2024, this rule enables unused college savings to shift to retirement accounts tax- and penalty-free. Why This Matters Before this change, if a 529 plan wasn’t fully used for education, options were…
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