“I don’t file a tax return, how do I get my COVID-19 stimulus payment?” This question applies to folks who have an income lower than required for filing, including individuals experiencing homelessness. If this is you, you are still entitled to those payments from the federal government. At this time, the IRS has closed its […]
Archives for February 2021
EIDL Loan – Important Details You May Have Missed
As we get further into tax season, I’m seeing more clients with EIDL loans. I’m also seeing folks not having or understanding all of the information about these loans, so here are the basics: The EIDL loan proceeds are intended to pay for your normal operating costs of doing business to keep you open & […]
Cryptocurrency FAQ
[updated 3/22/2022] Cryptocurrency / virtual currency tax reporting – FAQ We are seeing a lot more of our clients with virtual currency transactions recently, so we’ve put together this FAQ to assist with tax reporting of these transactions. All I did was buy cryptos, do I need to report anything? Yes. Your tax return includes […]