Proactive Year-end Tax Planning for 2022 and Beyond

Proactive Year-end Tax Planning for 2022 and Beyond

Other than some IRS inflation adjustments, calendar year 2022 has brought limited changes in tax laws for individuals. Many of the provisions that were passed in bills like, The Inflation Reduction Act of 2022, affected corporations, such as the corporate minimum tax of 15% for corporations …

Cryptocurrency Taxes and Reporting

Crypto Taxes and Reporting, Financial 1 Tax

Your cryptocurrency transactions have tax implications, and reporting correctly to the IRS is very important in 2022.  We’ve put a quick guide together for you to get set up to protect yourself. We are happy to answer questions on crypto to maximize your return. Read about how to track your transactions, Bitcoin, Ethereum, staking, DeFi, NFTs …