As the use of virtual currency increases, so do the tax implications. In this article we will share a brief overview of some of the terms used in relation to virtual currency and non-fungible tokens (NFTs), as well as outline areas that may impact your taxes…
Does Filing an Extension Make Sense for You?
Over the past several years, many of you have experienced a time crunch during tax season as it takes longer to gather the documents required to prepare your tax returns. With the time it takes to get all your data and the increasing complexity of the return, it can be hard to complete your return before April 15….
Important Updates for Your 2021 Taxes
What’s New for 2020 Taxes?
How Will the COVID-19 Pandemic Affect Your Taxes?
The Coronavirus Aid, Relief, and Economic Security Act (CARES) that was passed on March 27, 2020, included many tax provisions that will impact your taxes for 2020. Some of these provisions affect the rules for retirement accounts such as IRAs, 401(k)s, and 403(b)s from January through December 2020….