Yukon Accounting & Taxes

TAX Filings- The Refund you Deserve

1040-X  •  1120  •  1065

PAYROLL SOLUTIONS-

W2s  •  1099s  •  On time 940 / 941

FINANCIAL ADVISORY

Budgeting & Forecasting  •  Cash Flow Planning  •  Profitability Analysis

Your trusted accounting partner in Yukon

Current IRS Tax Law Updates

Annual inflation adjustments

Tax brackets, the standard deduction, and many credit thresholds are adjusted for inflation each year. Review your paycheck withholding and any estimated payments after raises, job changes, or new side income to avoid a surprise at tax time.

Payment app and marketplace income (1099‑K/1099‑NEC)

Income from platforms and payment apps is taxable even if you don’t receive a form. Keep clear records of sales, fees, refunds, and expenses. Thresholds for forms can change, but the income is still reportable.

Retirement and HSA opportunities

401(k), IRA, and HSA contribution limits typically increase over time. Consider pre‑tax vs. Roth options, use age‑50+ catch‑up contributions if eligible, and confirm current limits before contributing. RMD rules changed under recent laws — plan ahead to avoid penalties.