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Author: Frank Marrocco

Financial ¦ Government

Do you know about the 2019 tax changes?

October 4, 2019October 3, 2019Frank Marrocco

Beginning in 2019 there is no longer a Federal individual mandate penalty for failure to have some form of health insurance which was formerly introduced by the Affordable Care Act. However, some states still have penalties, namely New Jersey, Massachusetts, and Washington D.C. Retirement contribution limits are increased: 401(k) base contribution is increased to $19,000 […]

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Financial ¦ Service

HOW THE “TAX CUTS AND JOBS ACT” WILL IMPACT TAX RETURNS IN 2018

February 20, 2019February 20, 2019Frank Marrocco

This post was written to help navigate the 2018 tax changes, which is the largest tax legislation that has taken place since 1989 and will affect almost every tax payer. The author is Frank Marrocco of Frank D. Marrocco, CPA, celebrating 30 years in business. They provide an array of accounting services: individual, corporation, partnership, […]

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