A cannabis business can typically expect a series of scrutiny from the IRS that will want to penalize them if they are not compliant. Here are tips that can help your marijuana business...
Investing in rental real estate can provide investors with a constant income stream that covers the mortgage and, at the same time, provides additional income each month; when these...
Unknown to many people, the proceeds from selling a house might be taxable. However, this article sheds light on the mode of operation and simple ways to avoid ending up with a huge...
Your basis in a business asset is essentially the cost of that asset. The term applies to all types of assets held by your business, including real estate, land, equipment, and investments...
IRS Form 1099-A is an informational declaration that reports the application of a property. Homeowners typically receive an IRS Form 1099-A from their lender after their home has been...
A type of fringe benefit offered to employees of a certain business is an employee stock purchase plan (ESPP). The business allows the employees’ option to purchase the company’s...
The Internal Revenue Service (IRS) estimates that millions of transactions with cryptocurrencies go unreported, despite awareness of tax rules and measures to create lawsuits against...
Posted by Taxes Made EZ Inc on 06/15/2020
When consumers do not pay for loans, primarily cars, they are subject to a repossession. The damage caused by repossession goes far beyond the loss of the vehicle.What is Repossession?The...
Posted by Taxes Made EZ Inc on 05/18/2020
Personal Information:Social Security Number (SSN): You and your dependents' SSNs are essential for tax identification.Filing Status: Determine your filing status (e.g., single,...
Posted by True Tax Service on 10/23/2023