Why You Should Always File Your Taxes
As a tax professional for many years, my advice is to always file your tax returns. But sometimes life happens and we find ourselves falling behind with lots of important things, especially filing your taxes. …
It’s a Christmas Miracle!! IRS Delays Implementing New $600 Reporting for 1099-K
Breaking News from the Internal Revenue Service! The IRS announced that they’re delaying the implementation of the new 1099-K $600 reporting requirement for third party payment platforms such as Paypal, Ebay, Venmo, and Cash App. …
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How to Report the New 1099K on Your Tax Return
Have you received the new 1099K this year and have no idea why you received one and what you’re supposed to even do with it? Well, you’re not alone. In this video, my viewer Dave …
Tax Season Disaster Prepare Now
This tax season is going to be a disaster with the new 1099-K’s being issued to anyone receiving payments over $600. And just to clarify, this is only supposed to be for goods or services, …
What Do You Do if You Over Contribute to a Traditional IRA?
What do you do if you over contributed to a traditional IRA? If you made an excess contribution to an IRA, I go over some options that you have. Excess contributions are taxed at 6% …
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How to File New Taxes for Side Hustle | New 1099K $600 Reporting
In this video, I wanted to clear up some confusion with the new 1099K forms, specifically the new $600 reporting requirements and what it means for you and for your side hustle. If you’re an …
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5 FTX Financial Warning Signs of Failure Explained by CPA
FTX, once one of the largest and highly regarded cryptocurrency exchanges has filed for bankruptcy protection, and is alleged to have between 1 and 2 billion in client money unaccounted for. Here are my top …
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Did You Receive an IRS Letter Regarding Tax Credits You May Be Eligible For?
Did the IRS send you a letter informing you that you may be eligible to claim credits and a refund? Well, you’re not alone. The problem is, they’ve been sending these letters to people who …
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Where’s My IRS Tax Refund November 2022 | Update and IRS News
If you’re still waiting on your IRS Tax Refund, I have some updates and the latest tax refund news from the IRS. In this video, I’ll cover the latest with the ongoing tax refund delays, …
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