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ARE YOU CONSIDERING CRYPTO?

Wednesday, January 04

First of all, congratulations on making it through 2022. Pat on the back for sticking with it through the very real ups and the challenging lows. Many of our friends went through the wringer … others had their best year yet. From a personal standpoint, I think we’re all pretty glad to see it in t...


LET’S GET THIS STARTED

Wednesday, January 04

Resolutions? Really? It’s kind of what you do in January — new year, new goals, new me … right? Well, as someone who’s made resolutions and failed to keep them over many years, I’m all about focusing on what I know is doable. As a tax pro, I’m of course going to talk about all of this in terms o...


7-WAYS TO CUT BUSINESS COSTS

Thursday, December 29

With the lingering moments of 2022 and a new year impending, let’s take a moment to reflect. This year was, to put it mildly, difficult. Can you relate? Inflation’s chokehold … supply chain woes … more policies coming out of Congress … SBA business loan craziness … all of this made it difficult f...


AN END-OF-YEAR GIFT FROM THE FEDS

Thursday, December 29

Remember when I emphasized the impending 1099-K reporting threshold was upon us? Well, last week, just before Christmas, the IRS announced a hold on that — until 2024 (at least). Whew! That means, for 2022 e-commerce transactions, the rule will revert back to the original $20,000 threshold (inste...


MORE Government Spending

Thursday, December 29

I don’t know about you, but after the holidays (and I hope yours were filled with good things and happy times with loved ones), I’m always a bit tapped out on the spending. But in true governmental fashion, Uncle Sam is piling it on. Seems like Congress missed the post-holiday “no spending” cue. ...


A CRACKDOWN YOU SHOULD KNOW ABOUT

Monday, December 19

The holidays are fully upon us, and I’ll have more to say along those lines next week. But, as is usually the case, there are many tax and regulatory things to handle before EOY (End of Year). One of these is something I have written about before, but there have been new … developments. I’m talki...