Articles

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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Tips to Help You Figure Out if Your Gift is Taxable

If you've given money or property to someone as a gift you may owe federal gift tax, but in many ...
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Where’s my third economic impact payment?

The third round of economic impact payments are being sent out in phases. The IRS began sending out payments to ...
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Are cryptocurrency purchases made in USD reportable to the IRS?

Many taxpayers have noticed a new question Form 1040 asking “At any time during 2020, did you receive, sell, send, ...
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Third Round of Economic Impact Payments

With the recent approval of the American Rescue Plan Act, the third round of Economic Impact Payments (EIP3) have already ...
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Extended Federal Filling and Payment Deadlines

On March 17, 2021, the Treasury Department and Internal Revenue Service (IRS) announced that the federal income tax filing due ...
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