Jul 27, 2022 | News to Note
From knowbe4.com — Cryptocurrency investors have lost nearly $43 million to fraudulent cryptocurrency investment apps, according to the US Federal Bureau of Investigation (FBI). “The FBI has observed cyber criminals contacting US investors, fraudulently claiming to...
Jul 20, 2022 | News to Note
Thomson-Reuters — Are you about ready to join the “Great Resignation” and become self-employed? If so, you need to consider the federal tax implications, which may not be as rosy as you think. Here are what we think are the most important things...
Jul 13, 2022 | News to Note
From Kleshinski, Morrison & Morris, CPAs — Dear Clients and Friends, Today we conclude our three-week look at mid-year tax planning for 2022. In Part 3 of the series, we address cryptocurrency, reverse mortgages, and a number of strategies to pursue to mitigate...
Jul 6, 2022 | News to Note
From Kleshinski, Morrison & Morris, CPAs — Dear Clients and Friends, Today we continue our look at mid-year tax planning for 2022. In Part 2 of our three-week series, we discuss how to plan the timing of your expected investment gains and losses, and strategy for...
Jun 29, 2022 | News to Note
From Kleshinski, Morrison & Morris, CPAs — Dear Clients and Friends, Another challenging year has just passed. While the COVID-19 crisis has lessened, international events have led to supply chain issues and inflationary prices. Since income may not rise at the...
Jun 22, 2022 | News to Note
From CBS News/Moneywatch — BY AIMEE PICCHI — The IRS this month will send millions of letters to taxpayers whom it believes underpaid the tax agency. It’s important to pay attention to this letter — called a CP14 — because ignoring it could lead to penalties....