April 1, 2022
If you choose to contribute money to your IRA by April 18, 2022, you may still designate the contribution for the tax year 2021. Americans of any age may make 2021 IRA contributions, up to …
Reporting Cryptocurrency Transactions
April 1, 2022
If you had any involvement with cryptocurrency or other virtual currencies in 2021, you generally must disclose this activity on your tax return. Form 1040 includes the question, “At any time during 2021, did you …
Upcoming Tax Deadlines
April 1, 2022
April Day11 Employees Who Work for Tips – If you received $20 or more in tips during March, you must report them to your employer (employees are required to keep a daily record of tips). All tips …