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Vrakas CPAs, Here Are Your Articles for Wednesday, February 16, 2022
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Welcome to Team Vrakas!

We are excited to welcome our newest member to Team Vrakas.

Tax Changes to Think About in 2022

A lot has changed since provisions of the Tax Cuts and Jobs Act expired Dec. 31, 2021, rather than being extended. Plus, the proposed Build Back Better Act is on the horizon. Click through for some insight into the 2022 tax landscape.

IRS Allows Electronic Filing of Form 1040-X

Filing an amended return can be a nuisance, but the IRS has made it a little easier by allowing taxpayers to file Form 1040-X electronically for the first time. Click through to see how this change simplifies the process.

The Tax Implications of Independent Contractors

Not everyone who works for you is an employee. Some may be independent contractors. This means a simpler tax situation for you, so the distinction is important. Click through for tips on figuring out what kind of workforce you have and how to handle your tax responsibilities.

Small Business Resilience Depends on Keeping a Focused Perspective

You've probably read a variety of studies that support a range of viewpoints. How do you know what to believe? Small-business owners need to put these findings into context. Click through for a quick guide on how to look at stats.

Local Entertainment And Events Calendar: Including Virtual Events

You'll always know where the fun's going on with our interactive local events calendar featuring social sharing, images, videos and ticket links. Click through to see what's happening or to add your own local events.

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Our firm provides the information in this e-newsletter for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.
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