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A Penny Pinchers Guide to Personal Finance
A Penny Pinchers Guide to Personal Finance
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_2019-02-18-forms-and-instructions-week.webp "Current Federal Tax Developments for the week of February 18, 2019: Forms and Instructions WeeknnFix for auto depreciation quirk added by TCJA released by IRSnA subtrust qualified as a conduit trust for IRA distribution purposesnAICPA asks for relief from potential impact of syndicate rules on small business tax reliefnForm 1065 instructions add a requirement for certain partnerships to disclose negative tax basisnCheckbox added for when basis calculation required with Form 1040 and situations w")
_how-to-fill-out-form-1040-for-2023-124-taxes-2024-124-money-instructor.webp "Money Instructor")
_2019-10-14-virtual-currency-and-taxes.webp "Current Federal Tax Developments for the week of October 7, 2019: Virtual Currency and TaxesnIRS expands IP PIN program to 10 more statesnQuestion on virtual currency transactions will be on Schedule 1, Form 1040 and 1040SR, along with release of more draft instructionsnHard forks of virtual currencies are taxable events per IRS and the rule appears to apply retroactivelynAdditional set of FAQs added for taxation of virtual currencies to IRS website")
_2021-irs-form-1040-walkthrough-124-single-no-dependents.webp "A Penny Pinchers Guide to Personal Finance")
_how-to-fill-out-form-1040-for-2022-124-taxes-2023-124-money-instructor.webp "Money Instructor")
_irs-clarifies-digital-asset-rules.webp "Tuesday October 18, 2022 - We have previously reported on the Internal Revenue Service (IRS) switching terms from Virtual Currency to Digital Assets. Today, the IRS clarified how to report Digital Assets on their 1040 income tax forms – setting up additional regulations very soon.nnFurther, the IRS defined Digital Assets to include:nn•tVirtual currencies such as Bitcoin and Ethern•tStablecoins such as Tether and USD Coin (USDC) n•tNon-fungible tokens (NFTs)nYou may owe taxes on the follo")
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