IRS News
Filing season reminder for teachers: Some educator expenses may be tax deductible | Internal Revenue Service
The educator expense deduction allows eligible teachers and administrators to deduct part of the cost of technology, supplies and training from their taxes.
irs.gov
News
IRS: 2022 tax due dates and deadlines
Tax season for 2021 has already started, and the IRS has set a deadline for submitting returns for April 18, 2022.
fingerlakes1.com
IRS Announces Suspension of Automated Notices, But Is It Enough?
The IRS has announced that it would put a temporary hold on automated collection notices, unfiled tax return notices, and balance due notices that it sends to taxpayers. The notice is good news for taxpayers, but is there the more the IRS could do?
bloombergtax.com
Here’s when married filing separately makes sense, according to tax experts
Married couples may file income taxes jointly or separately. The tax code typically rewards joint filers, but filing apart may be better in some cases.
cnbc.com
Interest rates increase for the second quarter of 2022 | Internal Revenue Service
The Internal Revenue Service today announced that interest rates will increase for the calendar quarter beginning April 1, 2022.
irs.gov
Make money via Venmo or PayPal? These 3 tax deductions may lower your tax bill, says CPA
If you have a side hustle, you won't be taxed on all of your Venmo or PayPal charges when you file in 2022. Many common expenses can reduce your tax bill.
acorns.com
Cryptocurrency Prices Today: Bitcoin, Ethereum recover to trade in green
Cardano was up 7.36 percent to Rs 72.35 and Avalanche rose 6.47 percent to Rs 6,394.33. Polkadot rose 10.75 percent to Rs 1,413.76 and Litecoin was up 5.71 percent to Rs 8,685.06 in the last 24 hours. Tether was down 0.19 percent at Rs 78.64
moneycontrol.com
From The Desk of Keith L. Jones, CPA
How to Hire Your Kids The Tax Smart Way
As long as your kids are doing legitimate work for your business you can hire your kids.
keithjonescpa.com