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.
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See AllJust a reminder from Pub 225 from IRS: Generally all crop insurance proceeds you receive as a result of physical damage or reduction of income must be reported in the year received. You can elect to p
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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
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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
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