Blog
You May Receive an IRS Form 1099-K This Year
Submitted by Desmond Wealth Management, Inc. on August 1st, 2022
Effective for 2022 and later years, Congress reduced the threshold for the Form 1099-K filing requirement from $20,000 to a mere $600. So, you might ask, what does that have to do with me? This change can impact taxpayers in several ways, some unexpected, so you may find yourself in for a surprise that can be unpleasant in some situations.
Protecting What’s Yours (While You’re Alive)
Submitted by Desmond Wealth Management, Inc. on July 25th, 2022
Whether due to disability, dementia, or simply enjoying an exotic vacation, there are many ways you can end up unavailable to make critical financial or health care choices for yourself or your loved ones. If you’ve not documented your desires in advance, it can add extra stress for everyone, plus the outcomes may not be what anyone had in mind!