Newsletters
Maximum educator expense deduction rises to $300 in 2022
POSTED SEPTEMBER 2022
As the new school year begins, teachers and other educators will be able to deduct up to $300 of out-of-pocket classroom expenses for 2022 when they file their federal income tax return next year.
Expansion of Crypto Question on Income Tax Form Adds Clarity
POSTED SEPTEMBER 2022
Taxpayers dealing in crypto will need to track their digital assets more closely and now have some clarity on what the IRS wants to know.
New Legislation
Posted September 2022
Build Back Better was re-named in the Senate as the Inflation Reduction Act (IRA) of 2022. This slimmed-down version of Biden’s tax, climate, and drug price agenda passed the House and was signed by the President in August 2022.
Tax Filing Reminders – September 2022
September 15th
September 30th
October 17th