Displaying: February 2023

What is tax-loss harvesting?

Investing always comes with some degree of risk, and the simple truth is that some investments don’t work out. While no one wants to take a loss, there is a benefit to a losing investment — at least when it comes to…

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4 types of cryptocurrency tax events

You’re a diligent tax preparer. To you, dollars and cents tell stories of tax brackets, reportable income, deductibles and refunds.   But now, a client who holds cryptocurrency walks in the door, and you have questions. Is it an asset? Is it income?…

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Training tips for beginner tax preparers

Congratulations! You launched your tax preparation business. Tax prep offers high return for minimal start-up costs, and of course, tax preparation will always be in demand. Most importantly, you enjoy helping people and have the confidence to guide them through the taxpaying…

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