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Tax news for investors and users of cryptocurrency
/in News, Tax Tips - Individual/by Betty KimIf you’re a crypto investor or user, you may have noticed something new on your tax return this year. And you may soon notice a new form reporting requirements for digital assets. Check the box Beginning with tax year 2022, taxpayers must check a box on their tax returns indicating whether they received digital assets […]
The 2022 gift tax return deadline is coming up soon – April 18
/in News, Tax Tips - Individual/by Betty KimDid you make large gifts to your children, grandchildren or other heirs last year? If so, it’s important to determine whether you’re required to file a 2022 gift tax return. And in some cases, even if it’s not required to file one, you may want to do so anyway. Filing requirements The annual gift tax […]
[Important] 2022 Tax Information Letter to Clients
/in News, Tax Tips - Business, Tax Tips - Individual/by Betty KimHappy 2023! We hope that you and your family are doing well. We will be ready to send our 2022 Tax Organizer sometime next week and we want to send this email with a few important information to note for you to stay up to date and ready for this filing season upon us. It’s […]