What are the advantages and disadvantages of investing in the stock market? Historically, the stock market has provided investors with generous returns over time, but the stock markets...
Posted by Daniel P Vigilante CPA and Profit Consultants on 04/09/2021
If you buy, trade, or earn cryptocurrency in any way, it's important that you at least know how these activities can affect your tax obligations.In many jurisdictions today, including...
Posted by International Tax Consultants, LLC on 04/08/2021
Although it is too late to elect Section 475 mark-to-market (MTM) for fiscal 2020, the opportunity for 2021 is now available. In this blog post, I'll cover the scenarios that make...
Posted by Unifirst Financial & Tax Consultants on 04/05/2021
Anyone with a creation like art, music, literature, etc., which someone else used and profit from it, there will be royalty income to the owner. This means that if anyone uses your...
Posted by UNIVERSAL ACCOUNTING & FINANCIAL SERVICES INC. on 03/18/2021
State laws generally govern the gaming industry. These laws can be very or less strict, depending on how the state views the industry, and most laws are aimed at promoting responsible...
Posted by Flynn Financial Group Inc on 03/05/2021
If a creditor acquires your property through foreclosure and evicts you, or if you surrender your property before the eviction, the lender will send you an IRS Form 1099-A Acquisition...
Posted by Tucker Accounting Services LLC on 03/05/2021
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...
Posted by Don Bell Law on 03/01/2021
Having a hobby can be a great way to unwind, but a hobby can take on a whole new dimension if you can earn money while carrying it out. This is because any money generated by your...
Posted by International Tax Consultants, LLC on 02/23/2021
What is barter?Barter is an act of exchanging goods or services between two or more parties, sometimes more without using a monetary medium, such as physical cash or credit card. Essentially,...
Posted by Flynn Financial Group Inc on 02/23/2021
