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Accounting and Accountability


Dec 3, 2021

Updates:

The Build Back Better Bill is offering enhanced electric vehicle credits.

Large adjustments to the taxability of Social Security Benefits are being proposed.

IRS notices are being sent out regarding employer ID numbers (EINs) no longer being considered valid.

There is a proposal to cap Like Kind Exchanges or no longer include real estate.

Medicare participants can not participate in HSAs, but may be able to use it on monthly premiums.

The IRS is reporting there is currently a wait time of over 20 weeks on 1040X returns.

Special Guest:

Javier Santana from High Ground Creative joins us to discuss leading a creative team, the importance of relationship building in a business and taking risks.