IRS drafts new K-2 and K-3 instructions for partnerships
The draft instructions may clear up some confusion, adding a new domestic filing exception.
Source: accountingtoday.com
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$1.2M in tax refunds paid
Taxpayers who have filed tax returns for Tax Year 2021 and prior will be seeing their tax refunds soon, according to a news release issued by the governor’s office.
Source: guampdn.com
Free agent nation: Adjust your tax prep strategy to the new normal
Just $600 in gross sales is going to trigger a 1099-K for gig workers and sellers on sites like eBay and Etsy.
Source: accountingtoday.com
IRS drafts changes to corporate reporting of uncertain tax positions
The service posted drafts of the upcoming Schedule UTP form and instructions in an effort to improve the forms' usefulness.
Source: accountingtoday.com
Best Crypto Tax Software Solutions In 2022
Are you looking for the best ways to calculate your crypto taxes? Find the best crypto tax software in our roundup.
Source: theislandnow.com