Evidence Issues in Tax Litigation
When an individual or business receives a deficiency letter from the IRS stating more money is owed, they have the right to appeal.
Tag: IRS
The IRS Doesn’t Think Your Side Hustle is a Business
Hobby Loss Rules dictate deductibility of side hustle expenses.
Proposed GOP Tax Plan Would Make the AMT Permanent
The GOP tax plan would simultaneously repeal the AMT while making it a permanent fixture of the tax code.
Why You Don’t Pay as Much Tax to the IRS as You May Think
This article is intended to inform people where their tax dollars are really going to and how much tax they really pay compared to everyone else.
How to File Your Taxes For Free
This article will detail if you qualify for free tax filing, and give a step-by-step run down on how to do just that.
Teachers, Save Your Receipts: Educator Expense Deduction
This article will explain what the educator expense deduction is and how you may qualify.
The Weekly Rundown
Welcome to the weekly rundown, where we cover the top accounting news stories you might have missed last week. TheContinue Reading
Nobody Pays Tax on Bitcoin: Not For Long
The IRS set guidelines for the taxation of cryptocurrency with Notice 2014-21, but only 800 Americans reported such transactions from 2013 through 2015.
What Would Trump’s Tax Return Reveal?
There are several claims circulating in the media on what Trump’s tax return might reveal about his personal finances andContinue Reading
Happy Birthday!! Here’s How Getting Older Impacts Your Taxes
I know what you’re thinking, “it’s my birthday I don’t want to be thinking about taxes.” However, whether we likeContinue Reading