Along with the new-year comes New Year resolutions. If you are looking to make 2022 better than it was in 2021, starting off on a good note is important. That might mean putting money into retirement accounts or keeping better track of the business or personal records.

Hawkins Ash CPAs is a full-service public accounting firm providing individuals, businesses and organizations the services they need to save taxes, preserve wealth and maintain compliance. We have offices in Wisconsin and Minnesota.

Listen to more of the Tax Insights Podcast at https://hawkinsashcpas.com/cpa-hq/podcast/.

As we get closer to the end of the year, many businesses are looking to get those last-minute expenses on the books so they can deduct them for tax purposes. No matter how a company accounts for its normal expenses, there are special rules for certain expenses.

Hawkins Ash CPAs is a full-service public accounting firm providing individuals, businesses and organizations the services they need to save taxes, preserve wealth and maintain compliance. We have offices in Wisconsin and Minnesota.

Listen to more of the Tax Insights Podcast at https://hawkinsashcpas.com/cpa-hq/podcast/.

There has been a lot of talk about the Tax legislation going through Congress. It's called the Build Back Better Act. This legislation has already gone through the House and is now on its way to the Senate. The passage of the bill is expected by the end of the year. Last week, we talked about some income tax aspects of the plan. This week we talk about some potential changes.

Hawkins Ash CPAs is a full-service public accounting firm providing individuals, businesses and organizations the services they need to save taxes, preserve wealth and maintain compliance. We have offices in Wisconsin and Minnesota.

Listen to more of the Tax Insights Podcast at https://hawkinsashcpas.com/cpa-hq/podcast/.

There has been a lot of talk about the Tax legislation going through Congress. It's called the Build Back Better Act. This legislation has already gone through the House and is now on its way to the Senate. The passage of the bill is expected by the end of the year. This podcast covers what we know so far about the Build Back Better Act.

Hawkins Ash CPAs is a full-service public accounting firm providing individuals, businesses and organizations the services they need to save taxes, preserve wealth and maintain compliance. We have offices in Wisconsin and Minnesota.

Listen to more of the Tax Insights Podcast at https://hawkinsashcpas.com/cpa-hq/podcast/.

Back in June, we did a show on the new meals and entertainment rules. There has been some recent guidance on this issue that I want to discuss today.

Hawkins Ash CPAs is a full-service public accounting firm providing individuals, businesses and organizations the services they need to save taxes, preserve wealth and maintain compliance. We have offices in Wisconsin and Minnesota.

Learn more at https://HawkinsAshCPAs.com/.

For many giving to charity is more important than the deduction, but why not get the benefit if you can. Here are the ways to make charitable contributions and get a tax deduction for doing so.

Hawkins Ash CPAs is a full-service public accounting firm providing individuals, businesses and organizations the services they need to save taxes, preserve wealth and maintain compliance. We have offices in Wisconsin and Minnesota.

Learn more at https://HawkinsAshCPAs.com/.

As a business owner, you're most likely aware that you are required to send Form 1099s to your vendors and that your customers may be required to send them to you. Any Form 1099s that you are required to send are due by January 31st. This episode looks at the current reporting requirements when it comes to Form 1099s.

If you operate your own business, whether it be with Etsy, Uber, Eat Street or any business, you might be surprised to find out that there are additional taxes that you may have to pay on your income.

Hawkins Ash CPAs is a full-service public accounting firm providing individuals, businesses and organizations the services they need to save taxes, preserve wealth and maintain compliance. We have offices in Wisconsin and Minnesota.

Learn more at HawkinsAshCPAs.com/.

Listen to more of the Tax Insights Podcast on YouTube at youtube.com/playlist?list=PLpF_…_y8NAdbouPr3pdgiQQG

Listen to more of the Tax Insights Podcast at hawkinsashcpas.com/cpa-hq/podcast/.

One of the items being discussed in Washington is to have banks report to the IRS anytime a person has transactions of over $600 in their bank account. This would be a new reporting requirement, but many people do not know that the banks already have to report certain transactions to the IRS and this would be an expansion to those programs.

Hawkins Ash CPAs is a full-service public accounting firm providing individuals, businesses and organizations the services they need to save taxes, preserve wealth and maintain compliance. We have offices in Wisconsin and Minnesota.

Learn more at https://HawkinsAshCPAs.com/.

Listen to more of the Tax Insights Podcast on YouTube at https://youtube.com/playlist?list=PLpF_o07d5AnStS_y8NAdbouPr3pdgiQQG

Listen to more of the Tax Insights Podcast at https://hawkinsashcpas.com/cpa-hq/podcast/.

This week we talk about reporting foreign income and values to the IRS. A taxpayer is taxed on their worldwide income. It's important to know that the IRS looks at all of your income, but not all income is taxed in the same way.

Hawkins Ash CPAs is a full-service public accounting firm providing individuals, businesses and organizations the services they need to save taxes, preserve wealth and maintain compliance. We have offices in Wisconsin and Minnesota.

Listen to more of the Tax Insights Podcast at https://hawkinsashcpas.com/cpa-hq/podcast/.