It’s never too early to start preparing for tax season – especially if you are one of the millions of investors who entered the crypto market over the last year, giving you a new asset class to deal with on your taxes. In 2014, the U.S. Internal Revenue Service (IRS) decided bitcoin (BTC) and other cryptocurrencies should be…
Working with the Treasury Department, the Internal Revenue Service today unveiled the new Get My Payment with features to let taxpayers check on their Economic Impact Payment date and update direct deposit information. With an initial round of more than 80 million Economic Impact Payments starting to hit bank accounts over the weekend and throughout…
The dreaded IRS audit. You’ve received your audit letter in the mail, but now what? If you’ve been selected for a tax audit, it simply means the IRS is taking a closer look to make sure you’ve accounted for all your income and that you’ve only taken the deductions and credits you were allowed by…
Be in the know – the Tax Reform Quick Reference Guide provides an overview of all the changes to federal tax law.
