There are currently over 1,600 different cryptocurrencies in the world. However, Bitcoin is the most popular cryptocurrency at the moment, with approximately 32 million Bitcoin wallets...
Posted by Elliot Kravitz, ATP on 06/18/2021
Tax season is usually hectic for many businesses, with many things to keep tabs on. Of course, running a business is stressful, but adding tax preparation excesses can make it horrible. However,...
Posted by Carmen Garcia on 06/11/2021
It all started as a funny idea that hit us like a fly on a hot summer day. In recent years, the fly has continued to buzz louder and louder and doesn't go away. The billionaires...
Posted by Flynn Financial Group Inc on 06/11/2021
An enrolled agent is someone who has earned the privilege of representing taxpayers before the IRS by passing a comprehensive IRS test covering personal and corporate income tax returns...
Posted by Karen Munoz, EA on 05/30/2021
Income from fundraising is not considered a taxable source of income by the IRS. Tax fundraising laws define donations as gifts, which recipients do not have to report on their tax...
Posted by Flynn Financial Group Inc on 05/29/2021
The Internal Revenue Service can impose a huge number of tax defaulters that do not pay taxes or do not pay on time. These penalties may also include financial penalties imposed on...
It's tax season! Tax return companies and DIY software vendors work hard to convince individual taxpayers that their services and products are the way to maximize tax refunds or...
Your taxes this year may be dominated by a clear question: "At any point in 2020, did you sell, receive, send, trade, or earned financial interest in any virtual currency?"In...
An Insight into Personal Use propertyUncle Sam defines personal use property as an asset or property used solely for private purposes and does not serve as an investment or business...