Insights

Insights
CJBS

IRS Cracks Down on Crypto in 2022 Tax Season: What You Need To Know

Trading in cryptocurrency (also called “virtual currency” or “digital currency”) has risen exponentially in recent years. As it has become more common, it has also grown bigger on the IRS’ radar screen. For the second year in a row, Form 1040 (pictured below) includes a question about cryptocurrency at the top of the first page.  […]
January 12, 2022
3 MIN READ
Tags:
Read More
Insights
Jeffrey Stuart, CPA

Working Smarter in the “New Normal”

After nearly two years of the pandemic, business has changed. The “new normal” has primarily been shaped by the simple need to protect ourselves and others from the threat of Covid-19. But leading businesses have seen this as an opportunity to do things better than before, especially when using technology. As a result, how we […]
December 21, 2021
3 MIN READ
Tags:
Read More
Insights
CJBS

Tax Implications for Remote Workers

Nearly two years into the Covid-19 pandemic, working from home has become the new “normal” for many people, and it has largely been a boon for employers and employees alike.  We understand the challenges of remote working and how that can create complications when filing your taxes, particularly for long-distance telecommuters who work in one […]
December 15, 2021
2 MIN READ
Tags: ,
Read More
Insights
CJBS

What Small Business Owners Need to Know About Secure Choice

Dear Clients & Friends,   If you’re a small business owner, we understand that you have many demands on your time and resources now more than ever. As we help you plan ahead for 2022 and beyond, we want to make you aware of significant changes to the required Illinois Secure Choice Retirement Savings Program (Secure Choice), a state-administered retirement savings plan.  What Is Secure Choice?   First rolled out […]
November 18, 2021
3 MIN READ
Tags: ,
Read More
Insights
CJBS

Still Waiting For Your Tax Refund? We Have Answers

Whether you filed your taxes by the extended October 15 deadline or earlier, your 2020 refund could take much longer to process this year. We understand that several of our clients are still waiting for their checks and want to provide some perspective— and answers.  So, what’s behind the historic delays? In short: COVID-19. The […]
October 19, 2021
1 MIN READ
Tags:
Read More
Load More