It’s that time of the year again, just a quick update: our new office hours will be from Monday through Friday from 8:30 – 7:00 and Saturday 8:30 – 5:00. We will maintain these hours until April 19th. Have a…
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Cryptocurrency Update
The Infrastructure Investment and Jobs Act of 2021 (IIJA) was signed into law on Nov. 15, 2021. The IIJA includes IRS information reporting requirements that will require cryptocurrency exchanges to perform intermediary Form 1099 reporting for cryptocurrency transactions. Generally, these...
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SSA Announces 5.9% Benefits Increase for 2022
On October 13, 2021, the Social Security Administration (SSA) announced that in 2022 benefits will increase by 5.9%. In addition, the Social Security wage base will increase from $142,800 to $147,000. The cost-of-living adjustment (COLA) for Social Security benefits is…