Blue Purl Accounting & Tax Services

08/25/2025

Social Security Announces New Service Updates for Account Holders

The Social Security Administration recently highlighted multiple service improvements like reduced average wait times and disability claims backlog.

08/23/2024

https://www.theepochtimes.com/us/irs-provides-guidance-on-employer-matching-contributions-for-student-loan-repayments-5709287

Among older Americans, 2.2 million are estimated to have unpaid student debts, which threatens their retirement security.

06/23/2024

IRS to Reject Billions of Dollars of Pandemic-Era Tax Credit Claims

The agency is concerned about how many taxpayers ‘have been misled and deluded into thinking they’re eligible for a big payday,’ Commissioner Danny Werfel said.

03/25/2024

Some Sunday evening humor!

02/19/2024

IRS Warns Tax Refunds Will Be Much Lower This Year

Inflation-hit Americans who filed their taxes early have received, on average, smaller tax refunds this year.

02/19/2024

IRS Official Warns Americans of Coming Notices

An IRS official warned that people should take heed of notices sent out after a two-year pause.

12/21/2023

“Americans who owe back taxes will be given an incentive to pay up after the Internal Revenue Service said Tuesday it would waive nearly $1 billion in late-payment penalties.”

Americans who owe back taxes should expect to hear from the federal agency soon.

12/11/2023

IRS Raises 2024 Employee FSA Contribution Limit to $3,200

FSAs can be used to meet medical expenses like prescription medications and dental care that may not be covered under health plans.

11/16/2023

https://www.fidelity.com/learning-center/personal-finance/retirement/nine-reasons-roth

Roth IRAs offer many advantages. Here are 9 benefits to consider before opening a Roth IRA.

09/15/2023

IRS Puts Immediate Stop to New ERC Claims

08/17/2023

New Jersey Residents…re: ANCHOR Payments

https://www.state.nj.us/treasury/news/2023/08152023.shtml?fbclid=IwAR1fSucVX8Qj0uva6XnY-HO-uUpnI2S7GljBsQfV5ndcbgf8_1un6Ci6LPg_aem_AS2eS1wxCAV_C88HjZcMAMyFdaS4eaQ-JlclHSEzc3MTMHqKOcY3vvbPAWFJByOOShs

The state of New Jersey's official Department of the Treasury Web site is the gateway to NJ Treasury information and services for residents, visitors, and businesses.

07/16/2023

High-Earning Retirement Savers Are Losing Some of Their 401(k) Tax Break

Catch-up contributions will have to be done after taxes for those who make more than $145,000.