Richmond VA Accounting Services Blog | Rue & Associates



COVID-19 Update: Prioritizing our clients’ and associates’ health

The health of our clients and staff is our foremost priority during this unprecedented event. So that we may continue to provide excellent service to our clients, we will only open for emergency purposes. For our Tax and Payroll Clients, documents may be dropped off in our mail slot, uploaded to our portal, and/or emailed. There will be a skeleton crew in…

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Taxpayers First Act

The Taxpayer First Act of 2019, which would redesign the Internal Revenue Service, passed both Houses. The bill refocuses the action to live up to its mission of serving taxpayers, overhauling the IRS’ tools of enforcement, and strengthening the IRS’ …

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Settling Tax Issues on a Loved One’s Estate

When a love passes away, there needs to be someone that will handle the resulting tax issues and that is the role of the executor. Their job is to identify the estate’s assets, pay off its debts, and distribute the …

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Avoid These Common IRA Withdrawals & Contribution Errors

Let’s discuss some of the most common IRA contribution errors and how to avoid them. Excess Contributions: For 2019, the total amount you can contribute to all your IRA accounts is $6,000. If you are 50 or older, you can contribute …

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HSA Provides A Nice Tax Break

The idea behind HSAs was simple. Give workers generous tax breaks to put aside money to help pay for their health care. That in turn would make it easier for employers to offer those employees high-deductible health plans. The high-deductible …

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