GIG, FREELANCER, AND ONLINE STORES, THE IRS IS COMING
Monday, January 10
Normally I wouldn't be so quick to alert you to a tax change that only just went into place at the beginning of this year ... but there’s a chance this might affect your actual financial behavior, so I wanted you to know ASAP. Now ... onto the Venmo stuff. This might be an important one for you t...
THE IRS HAS YOU IN IT’S SIGHTS
Wednesday, January 05
As we step over the threshold into 2022, we're all staring at much lower numbers in our P/L's. It's a new slate, and the possibilities are endless. What will you do in 2022? That's the question of the hour ... and it has much less to do with outside circumstances than it does with YOU. Your choic...
How To Get It Together In 2022
Wednesday, January 05
I hope it's okay that I spare you all of the "new year, new you" stuff. If you're anything like me, your inbox is overflowing with rehashed well-wishes and generic, happy-clappy "time to set some goals!!!" talk. And now that the ball has dropped in NYC, and all of the moves that could have been m...
4-Year-End Tax Strategies for Businesses
Monday, December 27
Before I dive into some year-end tax strategies business owners can and should be making, I want to address some rumors and misinformation about the SALT (State And Local Taxes) workarounds that are available to some of our clients (though not all). Essentially, 22 states (as of this writing) hav...
LAST MINUTE PERSONAL TAX MOVES FOR 2021
Monday, December 27
I remember reaching the end of 2020 ... it seemed as if all of us were breathing a huge collective sigh of relief. And then ... more chaos. Is it wrong to hope that 2022 will turn out better? Hard to say ... but I do know that what I DON'T want to do is retreat into bitter cynicism. That's hard t...
Holiday Thoughts To Guide Us Into The New Year
Monday, December 20
These last couple weeks of 2021 are already a little unusual. Current events are swirling around virus policy, the big Biden "Build Back Better" Act seems to have hit a Joe-Manchin-sized brick wall, sports leagues are in an uproar around rising Covid case numbers, and more. And this, of course, o...