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Michele K. Kwiatkowski

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RELATED RESOURCES
Using your Income Tax Refund to Save by Buying U.S. Savings Bonds
The option to utilize your tax refund to buy U.S. savings bonds has been available since 2010, but has recently become more popular with the current inflationary market. According to treasurydirect.gov, a Series I Savings Bonds is a security that earns interest...
Interest Accrual – Economic Injury Disaster Loans (EIDL)
While the SBA has deferred payment on disaster loans (including COVID-19 EIDL) it is important to note that interest will continue to accrue on the note balance from day one. Therefore, if you were to pay the note balance before regular payments begin, you would be...
Important Changes to 1099-K Reporting: Venmo and PayPal accounts
Beginning in January 2023 for 2022 tax return filings, third-party payment settlement organizations (Venmo, PayPal, Cash App, credit card terminals, etc.) will be required to report payments of $600 or more to the IRS and send the taxpayer a Form 1099-K. This new...
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