I’m sure no one is shocked that taking tax advice from social media is a bad idea, but just in case: https://www.irs.gov/newsroom/dirty-dozen-taking-tax-advice-on-social-media-can-be-bad-news-for-taxpayers-inaccurate-or-misleading-tax-information-circulating Electric vehicle credits have become extra confusing. The…
This one is a little thin, and late, due to the tax season busyness. IRS kicks off its annual Dirty Dozen with a warning about phishing and smishing scams**. https://www.irs.gov/newsroom/irs-wraps-up-2023-dirty-dozen-list-reminds-taxpayers-and-tax-pros-to-be-wary-of-scams-and-schemes-even-after-tax-season…
As February ends here are some things and stuff that I thought were interesting; maybe even useful if I'm lucky. The Internal Revenue Service has revised its frequently asked questions…
It's currently snowing and I have filed all my extensions. Well, most of my extensions. Anyway here's some stuff I found interesting. The 2024 tax season has begun and the…
I often suggest my client's use a Virtual Private Network (VPN) to protect their business. Today I wanted to share what a VPN is and why you should be using…
If you're trading in cryptocurrency you're going to have to report any gain/loss on your return. The Internal Revenue Service ("IRS") and the Securities and Exchange Commission ("SEC") have repeatedly…
IR-2018-149, July 12, 2018 WASHINGTON — Before starting a summer job, taking a vacation or sending the kids off to camp, the Internal Revenue Service wants taxpayers to know that…