Author: Debbie's Tax Service

Penalty for Highway Use of Dyed Fuel Waived in Some States

If you live in the Southeast, long lines and questionable containers are a sad reality at many local gas stations. The temporary Colonial Pipeline disruption caused a rush on fuel this week, leading many in the region to hoard gasoline.… Read more about Penalty for Highway Use of Dyed Fuel Waived in Some States (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Cryptocurrency and the Form 1040

Public fascination with cryptocurrency tends to follow dramatic gains and losses in the market. While the latter results in pundits sounding the death knell for Bitcoin and its ilk, the most reliable predictor for the lifespan and legitimacy of crypto lies in the Internal Revenue Service—and some newly minted crypto-holding clients may have questions about the virtual currency checkbox on their tax year 2020 Form 1040.… Read more about Cryptocurrency and the Form 1040 (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…