IRS to Use ‘Digital Assets’ Instead of ‘Virtual Currency’ on 2022 Forms 1040
A question regarding digital assets must be answered by all taxpayers on their 2022 income tax returns.
educator expense deduction
Will the Increase in the Teacher Tax Deduction Really Help Educators Much?
Tax pros and educators agree: Even with this year’s increase from $250 to $300, the deduction falls short.
Tax Pros Help Clients Deal with Smaller Refunds
Refund amounts are expected to fall this year due to the end of pandemic-related tax breaks.
IRS Says 2023 Filing Season to Start on Jan. 23
The IRS is expecting more than 168 million individual tax returns to be filed this year, most coming before April 18.