Apr 28, 2023
If you’re a crypto investor or user, you may have noticed something new on your tax return this year. And you may soon notice a new form reporting requirements for digital assets. Check the box Beginning with tax year 2022, taxpayers must check a box on their tax... 
Jan 5, 2023
Late December, the IRS postponed the $600 reporting requirement that was scheduled to take effect in 2023, flooding taxpayers with 1099-K forms…and potential confusion. What is it? As part of the American Rescue Plan Act, the reporting threshold was lowered from 200... 
Aug 8, 2022
It has become a de facto standard, a lot of us do it. Over the past few years, apps like PayPal, Venmo, CashApp, and Zelle have made it easy and convenient to pay and accept payments for personal and business transactions. Until 1/1/22… It wasn’t required for...Mar 1, 2022
Late last year, we were honored to have a seat on stage at Thomson Reuters’ Synergy conference. We had the opportunity to share what we were doing as a firm to help our clients be successful so that other firms could learn and be inspired. What stands out most... 
Jan 25, 2022
Washington, DC revealed as the location for the SYNERGY 2022 conference DALLAS, January 25, 2022 – Thomson Reuters announced the winners of their annual Luca Awards, honoring the best in tax and accounting for 2021. The awards were presented this year at Thomson... 
Nov 29, 2021
IR 2021-235 (11/23/2021) In an information release, the IRS has said that taxpayers have until 11:59 pm ET on November 29 to make changes on the Child Tax Credit Update Portal (CTC-UP) for those changes to be reflected in the last monthly payment for 2021,... 
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