Complying with Tax Laws

Bitcoin and other Virtual Currency and a few Tax Tips!

Virtual Currency/ Bitcoin Taxation Bitcoin and other virtual currency are treated as “property” for tax purposes. For purposes of this article, I will refer to “virtual currency” with the understanding that it potentially could include [...]

IRS Dirty Dozen For 2017: Tax Scams to Avoid

Every year, the IRS posts its version of the "Dirty Dozen"- the 12 most prevalent tax scams out there for the year.  Following/implementing any of these scams is a sure way to trouble with the [...]

IRS Highlights Important 2016 Tax Changes

In Fact Sheet 2017-1, the IRS has highlighted some of the important 2016 tax changes that affect the current filing season. These include: Three extra days to file and pay. Taxpayers will have until Tuesday, [...]

IRS Warns of Tax Scams

IRS Wraps Up the "Dirty Dozen" List of Tax Scams for 2016 IR-2016-29, Feb. 19, 2016 WASHINGTON — The Internal Revenue Service today wrapped up its annual "Dirty Dozen" list of tax scams with identity [...]

Are you part of the “Sharing Economy”

The IRS has a new category of potential audit victims: the sharing economy. This "new" economy, at least according to the IRS, includes "websites and mobile apps such as Airbnb, Uber, Lyft, TaskRabbit and Handy [...]