by Christina Minton | May 30, 2022 | Whats New
Here are some key changes to the tax code for 2022. Use this information to help manage your tax obligation, a practice that can pay rich benefits if reviewed throughout the year. Tax brackets and rates While there is much discussion in Congress and the Executive...
by Christina Minton | May 9, 2022 | Whats New
MUST READ if using digital payment tools or reselling tickets A recent tax law change by this edition of Congress now requires transaction reporting to the IRS for anyone receiving more than $600 in payments through digital payment tools like PayPal, Venmo, and...
by Christina Minton | Apr 18, 2022 | Whats New
Last-minute details, tips and freebies With the individual tax-filing deadline on Monday, April 18, now is the time to complete all filing arrangements and payments. If you have not already done so, ask yourself these questions before it’s too late to act: Do you need...
by Christina Minton | Mar 7, 2022 | Whats New
The 1040 tax instruction publication lays it all out Any way you look at it, the federal government’s spending habits are a big mess. As required by law, in every Form 1040 instruction booklet there’s a section that shows where our federal government gets...
by Christina Minton | Feb 21, 2022 | Whats New
IRS turns off some notices In a recent announcement, the IRS is telling taxpayers it’s turning off some of its automated notices. Here is what you need to know. Background With the pandemic, incredibly late tax law changes from Congress, the congressional...
by Christina Minton | Jan 17, 2022 | Whats New
The IRS recently announced it will be sending out a recap of payments sent to taxpayers for the multple rounds of Economic Impact Payments and Advanced Child Tax Payments. Here is what you need to know. Economic Impact Payments During 2021, the IRS issued millions of...
