by KNSS | Feb 1, 2020 | February 2020 Newsletter
By Andrew D. Schwartz CPA When the IRS adds a check box on Schedule 1 of the personal tax return asking: At any time during 2019, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency? …you know they mean...
by KNSS | Feb 1, 2020 | February 2020 Newsletter
FROM IRS NEWS: IR-2019-215, December 31, 2019 WASHINGTON ? The Internal Revenue Service today issued the?2020 optional standard mileage rates (PDF)?used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes....
by KNSS | Feb 1, 2020 | February 2020 Newsletter
By Andrew D. Schwartz CPA After decades of misleading all but the most straightforward of taxpayers, the W4 form has been replaced with a new W4 form. This is the form you fill out with your employer when you start working that determines the rate you will have...
