crypto

Crypto: What Taxpayers Need to Know

September 12th, 2023|Categories: Accountant, accountant near me, Accounting, Burns Firm, CPA, CPA Dallas, CPA near me, Crypto, cryptocurrency, Dallas CPA, Services, Tax, tax accountant, Tax Advisor, The Burns Firm|Tags: crypto, Crypto Recordkeeping, Reporting Crypto Purchases and Payments, Reporting Cryptocurrency on a tax return, tax, tax advisor, The Burns Firm|

Cryptocurrencies have gone mainstream. You can now invest in them and use them to buy and sell many products and services. However, crypto transactions have important federal tax implications that [...]

Tax News for Individual in 2022

July 12th, 2022|Categories: Accountant, accountant near me, Accounting, Burns Firm, CPA, CPA Dallas, CPA near me, cryptocurrency, Dallas CPA, Dallas tax return preparer, Dallas tx accountant, IRS, Tax, tax accountant, tax accountant near me, Tax Advisor, The Burns Firm, Tips|Tags: 1099-NEC, 2022 tax, 2022 tax for individuals, 2022 tax news, 2022 tax year, CPA, CPA Dallas, crypto, cryptocurrency, Dallas CPA, foreign housing cost exclusions, reporting earnings for gigs, reporting tips, tax, tax news, tax news in 2022, Tax planning, The Burns Firm|

Involved in Crypto? Here Are Some Tax Issues It's a simple "yes" or "no" question, but you must answer it on your Form 1040 or Form 1040-SR: At any time [...]