Many cryptocurrencies like Bitcoin and Ethereum rise and fall, raising tons of tax questions. The Internal Revenue Service (IRS) is implementing many laws for those holding cryptos,...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 03/25/2023
When you move, informing the Internal Revenue Service (IRS) of your new address is essential. This is crucial because the IRS uses your address to communicate with you and to ensure...
Posted by Pat Raskob on 03/25/2023
Small business sales tax is a tax levied on the sale of goods and services by businesses. It is an important source of revenue for many state and local governments and is usually collected...
Money is a big part of humanity because it causes more problems than work, family, and health. In addition, the IRS expects you to file your annual tax between March and April. While...
Posted by Tiffany Gaskin on 03/25/2023
A credit card benefits a graduate, undergraduate, or even a non-traditional student. However, having one that satisfies all purposes is the best. Another reason is having a good credit...
Posted by Taxes Made EZ Inc on 03/01/2023
Marijuana is legal in the United States for recreational or medical use except in four states. The country has awarded more than 35,329 licenses for adult or medical use, and the industry...
Posted by Dennis Jao on 03/01/2023
It is a really bad idea to file taxes at the last minute. The decision ahead will make the process faster. It is best to plan and take specific actions before tax filing. For example,...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 02/22/2023
The IRS issued Form 1040-X to taxpayers with errors on their tax returns. The form is for correction, deletion, and addition of information to the same form submitted to the IRS. For...
Posted by Taxes Made EZ Inc on 02/22/2023
The sixth day of January 2021 was the day the Treasury Department and Internal Revenue Service (IRS) decided to bring the IRC Section 451 regulation to a conclusion. However, the decision...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 02/17/2023