If you have not filed your 2021 income tax returns yet, you will have a busy weekend. The deadline for those taxpayers who requested an extension to file is Monday, October 17, 2022.
IRS has reminded taxpayers who earn income and receive payment by credit card will be receiving a 1099-K if the transactions are over $600. The definition of what is taxable hasn't changed; however, d
Business owners buy and sell assets used in their business every year. There are many rules associated with each side of the transaction. However, a thorough review of what kind of assets purchased
A headline this morning caught my attention: "In the last 20 years, there have been more than 4,500 changes to the tax code. That's nearly two changes every three days!" (Thomson Reuters Tax Profess