HOW TO REPORT CRYPTOCURRENCY ON YOUR TAX RETURN
January 29, 2019
HOW TO REPORT CRYPTOCURRENCY ON YOUR TAX RETURN: HAVE YOU PURCHASED CRYPTOCURRENCY AND LATER SOLD IN 2018? DID YOU KNOW THAT YOU MUST REPORT A
HOW TO REPORT CRYPTOCURRENCY ON YOUR TAX RETURN: HAVE YOU PURCHASED CRYPTOCURRENCY AND LATER SOLD IN 2018? DID YOU KNOW THAT YOU MUST REPORT A
TAX DAY – 1.28.19 FIRST DAY TO EFILE: January 28, 2019 is the first day that the IRS begins accepting all returns whether paper or
W2 AND 1099 TAX FILING REQUIREMENTS: 1099’S DUE BY JANUARY 31, 2019 TO RECIPIENTS AND PAPER OR ELECTRONIC FILING TO IRS 1099 REPORTING FOR
What’s open, what’s closed? How will it affect you? Pay delays; More than 420,000 federal employees, including workers from the FBI, the Drug Enforcement Agency, the Bureau
The U.N. report faulted the Trump administration for pursuing policies it said would exacerbate U.S. poverty. In May, U.N. special rapporteur on extreme poverty and human rights
STATES RESPONSE State legislatures have reacted to the new $10,000 limit on the federal deduction for state and local taxes (SALT) with workaround legislation States
WHAT’S IMPACTED Half of the proposed cuts would come from two accounts within the Children’s Health Insurance Program (CHIP) CHIP is governmental funding to help
EXAMPLE: MATH:Â $5,000 TAX REFUND 2017 AND PRIOR UNDER OLD LAW $1,040 EXTRA ON 2018 PAYROLL CHECK UNDER NEW GOP TAX PLAN $3,960 LOSE UNDER
Unscrupulous Tax Preparer looking to make a fast buck from honest people Fraudulent Preparer will put fake business on returns at a loss to yield
TAX DAY DATE TYPE OF TAX RETURN March 15, 2018 Partnership 1065 S Corporation 1120S April 17, 2018 (normally 4.15) Personal Federal 1040, States