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Month: April 2022

Cryptocurrency Disclosure

You may have noticed that there is a virtual currency, or “cryptocurrency”, question at the top of your 2021 tax return. It asks, “At any time during 2021, did you receive, sell, exchange, or otherwise dispose of any financial interest in any virtual currency?” and it requires a response of “Yes” or “No.” If you’veRead more about Cryptocurrency Disclosure[…]

relanetAdmin April 6, 2022 Posted in News No comments

Small Business Rent Expenses May Be Deductible

Rent is any amount paid for the use of property that a small business doesn’t own. Typically, rent can be deducted as a business expense when the rent is for property the taxpayer uses for the business. Here are some things small business owners should keep in mind when it comes to deducting rental expenses:Read more about Small Business Rent Expenses May Be Deductible[…]

relanetAdmin April 6, 2022 Posted in News No comments

Why Some Tax Refunds Take Longer to Process

Even though the IRS issues most refunds in less than three weeks if you file electronically and choose direct deposit, some refunds may take longer to process. Many different factors can affect the timing of a refund after the IRS receives a return. For example, a refund may be delayed when: A return has errorsRead more about Why Some Tax Refunds Take Longer to Process[…]

relanetAdmin April 6, 2022 Posted in News No comments

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