Preview Mode Links will not work in preview mode

Accounting and Accountability

Aug 12, 2022

In this episode:

  • The IRS is keeping a watchful eye on cryptocurrency transactions.  Make sure you know your facts.
  • Additional childcare covid relief is now expired.  Have you planned for your 2022 tax return accordingly?
  • Are you donating a car or large item? Know what is required for your taxes.
  • The Inflation Reduction Act is moving through government channels.
  • Are you using propane in your work vehicles or equipment? Make sure your preparer is aware. There's a tax credit for that.  
  • Substantial penalties may be assessed for undisclosed foreign accounts. 

Special guest Tim Bailey, the Executive Director of the Central Delaware Habitat for Humanity, joins us.  We talk about the history of CDHFH, how inflation and COVID has impacted the organization, current initiatives and how the community can get involved.