Feb 25, 2022
In this episode we discuss:
- S-corps or Partnerships may have added Form K-2 and K-3 requirements if there are any foreign income.
- 2022 inflation adjustments for some deductions and credits.
- Allowable contribution amounts for 401Ks have increased.
- Roth and Traditional IRA information.
We also focused on scams:
- Venmo...
Feb 11, 2022
In this episode:
- Another wave of IRS notices has been distributed regarding tax returns incorrectly marked as missing.
- There are situations where you can withdraw from your IRA before 59.5yo without penalty.
- There are possibilities to deduct part of your personal tax preparation fees on your business return.
- There are...