FFA, CPA Tax Firm

✨TWO Weeks until Tax Day —> AND
💡1st Quarter Estimated Payment is DUE for 2022 as well for all my side gig income earners/hustlers 😜

✨Are you owing taxes or do you think you might owe taxes on your 2021 tax filing?

✨You might be able to reduce taxes owed by contributing into your traditional or Roth IRA for retirement AND be able to take some of that contribution as a deduction.

✨Yes, you still have time — Deadline is APRIL 15th

✨Of course there are certain requirements you have to meet.

For more information - go to https://www.irs.gov/retirement-plans/ira-year-end-reminders

🥳🥳 3 MORE DAYS!!! Tax Day for 2022 is on April 18th this year 💃🏽💃🏽💃🏽.

✨You have 3 more days so DON’T BE LATE 😜

Gig economy Income, also known sharing economy or access economy income.

Income from part-time, temporary, or 😉side gig(work) are taxable 🤷🏽‍♀️.

Some examples are:
1️⃣Ridesharing services
2️⃣Selling goods online
3️⃣Temporary, on-demand or freelance work
4️⃣Renting out property or part of it
5️⃣Providing creative or professional services

For more details, go to irs.gov/businesses/gig-economy-tax-center

Quick IRS News ⬇

IRS Launches New Identity Theft Website

The IRS has launched "Identity Theft Central," a new website devoted to identity theft and data security for taxpayers, tax professionals, and businesses. It is available 24/7 and the site provides resources on reporting identity theft and guarding against phishing, online scams, and more. Specifically, the site
(1) lists steps to take if you become a victim of identity theft.
(2) summarizes the responsibilities of tax professionals under the law.
(3) instructs businesses on how to recognize the signs of identity theft.
Also, the page features videos on key topics that can be used by taxpayers or partner groups. The IRS encourages tax professionals to bookmark the site and periodically check the guidance for updates. Identity Theft Central can be accessed at www.irs.gov/identity-theft-central .

Identity Theft Central | Internal Revenue Service Learn how the IRS protects your information and steps you can take to guard yourself against tax-related identify theft.

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