by Eugene J Grimley EA | May 11, 2021 | Tax Tips and News
As you might have experienced first-hand, those with unused funds from a 2020 dependent care assistance program (DCAP) could have questions about newly allowed carryovers and whether those funds are taxable.… Read more about Dependent Care Assistance Program Participants Get Helpful Guidance (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by Eugene J Grimley EA | May 8, 2021 | Tax Tips and News
Public fascination with cryptocurrency tends to follow dramatic gains and losses in the market. While the latter results in pundits sounding the death knell for Bitcoin and its ilk, the most reliable predictor for the lifespan and legitimacy of crypto lies in the Internal Revenue Service—and some newly minted crypto-holding clients may have questions about the virtual currency checkbox on their tax year 2020 Form 1040.… Read more about Cryptocurrency and the Form 1040 (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by Eugene J Grimley EA | May 6, 2021 | Tax Tips and News
Let’s face it, passwords are becoming a problem. Following best practices for data security means creating unique passwords for all computers, networks, and online accounts.… Read more about It May Be Time to Use a Password Manager (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by Eugene J Grimley EA | May 5, 2021 | Tax Tips and News
It was a wise man indeed who first warned us to “hope for the best, but prepare for the worst.”… Read more about IRS Reminds Taxpayers to Prepare for Natural Disasters (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by Eugene J Grimley EA | May 4, 2021 | Tax Tips and News
Sometimes, taxpayers find themselves with a tax bill they just can’t satisfy. The taxpayer is willing to pay, but the bottom line is more than they can afford.… Read more about IRS Reminds Taxpayers About Offer in Compromise Program (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…