Wining and dining customers and employees can result in tax deductions and for 2022, the write-offs are bigger than usual.
Does this year’s April 18 filing deadline apply to your company? What additional tax deadlines are there for businesses and employers during the second quarter of 2022?
April 18 isn’t only the income tax return deadline. It’s also the gift tax return deadline for people who made large gifts last year. Find out if you’re required to file a 2021 gift tax return this April. (Note: you may want to file one anyway).
In general, married couples who file jointly save more money on taxes than those who file separate returns. However, there are situations when filing separately is a better option.
If you receive payments through services such as Venmo or PayPal, be aware that there are new tax reporting requirements beginning this year.