Articles

A lemonade stand is set up in the grass.

When the lemonade stand makes bank: Young entrepreneurs and taxes

Teens and young adults often go into business for themselves over the summer or after school. This work can include ...
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A close up of some coins on top of the word " crypto currency ".

Accepting virtual currency as payment

As virtual currency gains acceptance, more people are paying for services and accepting payment in this form. The IRS has ...
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A yellow emergency plan book sitting on top of a wooden desk.

Preparing for a Natural Disaster

In 2021, the Federal Emergency Management Agency (FEMA) declared major disasters following hurricanes, tropical storms, tornados, severe storms, straight-line winds, ...
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A blue suitcase and flip flops on the beach.

School is out for summer, but tax planning is year round

Now that the April filing deadline has passed, most people are spending more time thinking about summer vacations than taxes. ...
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A virtual currency sign with some icons on it

What is virtual currency?

The IRS explains that virtual currency is treated as property for Federal income tax purposes and provides examples of how ...
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A magnifying glass is held over the words identity theft.

What taxpayers should do if they get an identity theft letter from the IRS

With identity theft on the rise, the IRS wants taxpayers to understand what they should do when they receive an ...
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