Articles

Books and files on a wooden shelf.

What records do I need to maintain regarding my transactions in virtual currency?

Record keeping is an important part of any investment transaction. With the rising popularity of cryptocurrencies, we have had many ...
Read More
Calculator with "TAXES" on wooden blocks.

Estimated Taxes

The federal income tax is a pay-as-you-go tax. You must pay the tax as you earn or receive income during ...
Read More
Jar labeled "Give" filled with coins.

Record Keeping Requirements for Charitable Contributions

Reporting Requirement Thresholds: $501 or greater amount. Cash. Do not combine separate contributions. Noncash. Combine claimed deductions of all similar ...
Read More
Bitcoin symbol over binary code background.

Buying and Selling with Virtual Currency

 There are many services that can now be paid for with virtual currency, so it is important to understand the ...
Read More
Hands with wedding rings on paperwork.

Essential tax tips for marriage status changes

 A taxpayer’s filing status generally depends on their being married or unmarried on the last day of the year – which means ...
Read More
Jar of coins labeled "Retirement."

Access retirement funds in a disaster

 The SECURE 2.0 Act makes it easier for qualified individuals impacted by a federally declared major disaster to access their ...
Read More