The Infrastructure Investment and Jobs Act, enacted on November 15, 2021, amended section 3134 of the Internal Revenue Code to limit the Employee Retention Credit only to wages paid before October 1, 2021, unless the employer is a recovery startup business.
It's not the most exciting part of crypto investing, but if you do invest, you need to know how taxes on crypto work. Although cryptocurrencies are still new, the IRS is working hard to enforce crypto tax compliance.
It’s another bad day for the crypto markets. The market is still jittery after the mass sell-off triggered by the instability of stablecoin TerraUSD (UST). This stablecoin imploded earlier this week after it failed to hold its 1-to-1 peg with the U.S. dollar. UST is currently trading at less than $0.45.
Need more time to prepare your federal tax return? This page provides information on how to apply for an extension of time to file. Please be aware that:
If you don't know where to start you can always contact us and hire an expert to do it for you.
Below are the 2022 US tax deadlines for the 2021 tax year.
January 18, 2022
Deadline for Individuals to pay Quarter 4 of their 2021 Estimated Income Tax payment. If you have income that does not have US Federal tax withholding or the income cannot be offset using deductions or foreign tax credits, pay your estimated taxes by this date using Form 1040-ES.
March 6, 2022
It’s hard not to have heard about NFTs during 2021: Beeple’s record sale, Art Magazines, Sotheby’s auctions or maybe from one of your artist friends, a lot of information has been circulating and also a lot of misinformation.
Kuna, a long-running native crypto exchange, sees a swift change in client activity amid currency controls and the hryvnia at all-time lows.
Bitcoin (BTC) and altcoin trading volumes have surged at a major Ukraine cryptocurrency exchange in the aftermath of Russia’s invasion, data shows.
Relief for embattled U.S. tech stocks injects fresh energy in Bitcoin and altcoins, with Ether reaching two-week highs.
Bitcoin (BTC) recovered much of its recent losses on Feb. 4, but concerns remained that a retest of $30,000 was incoming.
Dramatic increases in trading volume can alert crypto investors to price highs that are yet to come.
An uptick in trading volume is one of the key components of a digital asset’s healthy market outlook. It indicates both robust liquidity and a surge in fellow traders’ enthusiasm for the token. The relationship between the asset’s price and trading volume is a nuanced one: Volume spikes often trail strong rallies as more and more traders hop on the bandwagon in the hopes of a ride to the moon.
