Articles

Taxpayers should report digital asset transactions, gig economy income, foreign source income and assets

The Internal Revenue Service reminds taxpayers they’re generally required to report all earned income on their tax return, including income ...
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Hobby or business: What people need to know if they have a side hustle

Hobbies and businesses are treated differently when it comes to filing taxes. The biggest difference between the two is that ...
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Newlyweds tax checklist

Summer wedding season has arrived, and newlyweds can make their tax filing easier by doing a few things now. A ...
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Two red binders on a wooden surface.

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 ...
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Tax form with "scam" written across it.

Taxpayers and tax pros: Beware of these common tax scams

Taxpayers and tax professionals should remain alert and aware of these common scams, schemes and cons to avoid losing money, ...
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Magnifying glass and glasses on a book.

Debunking common myths about federal tax refunds

Once people complete and file their tax return, many of them eagerly await any refund they may be owed. Knowing ...
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