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January 2022 Individual Due Dates
January 3 - Time to Call For Your Tax Appointment - January is the beginning of tax season. If you have not made an appointment to have...
Jan 7, 20225 min read


What Is Tax Basis and Why Is It So Important?
For tax purposes, the term “basis” refers to the monetary value used to measure a gain or loss. For instance, if you purchase shares of a...
Dec 20, 20214 min read


The IRS May be Getting a Massive Budget Increase. Will It Impact the Audit Rate?
In September of 2021, the Congressional Budget Office announced a proposal to increase funding for the Internal Revenue Service by as...
Dec 20, 20212 min read


Tax Information Reporting Requirement for Cryptocurrency Added by Infrastructure Bill
Over the last 3 years, the Internal Revenue Service has been engaged in a virtual currency compliance campaign to address tax...
Dec 10, 20214 min read


Tax Benefits Available to Disabled Taxpayers
Disabled individuals, as well as parents of disabled children, may qualify for a number of tax credits and other tax benefits. Listed...
Dec 10, 20216 min read


Tax-Free Gifting
If you are fortunate enough to have an estate large enough to be subject to the estate tax upon your death, you might be considering ways...
Dec 3, 20214 min read
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