Sometimes a debtor could be overwhelmed by debt repayments and may need to negotiate for debt cancellation. If you get one, the IRS considers it an income, and it is taxable. That's...
Posted by CORE PERFORMANCE on 05/22/2022
Uniswap was one of the first and most popular decentralized exchanges launched on the Ethereum network and quickly became a favorite, inspiring a variety of other competitors. Now...
Posted by Taxes Made EZ Inc on 05/10/2022
A blockchain is an improved database containing records of transactions stored in an unaltered ledger. It makes transactions easy to track since no one person has exclusive rights...
Posted by Pat Raskob on 05/10/2022
Financial statement preparation often faces difficulties in recording transactions because recording transactions are conducted in a complex manner. The financial statement can lead...
Posted by Income Taxes and Bookkeeping LLC on 04/17/2022
Accounting is essential for any business. Smart records bookkeeping are essential for tracking business spending and finding new ways to grow. Additionally, keeping accurate records...
Posted by Dennis Jao on 04/17/2022
Every independent contractor is considered self-employed by the IRS (internal revenue service). An independent contractor can operate as a limited liability company, a sole proprietor,...
Posted by Pat Raskob on 04/09/2022
Do you have cryptocurrencies? Maybe you bought BTC when it cost $1 and decided to sell it this year and make a big profit from it. Or maybe you joined the latest revolution and bought...
Posted by BEST FINANCIAL GROUP LTD on 03/31/2022
We are addicted to our devices, but did you know that your smartphone can earn you money right from the comfort of your mobile device, home, or wherever you are? Here are some of my...
Posted by BEST FINANCIAL GROUP LTD on 03/24/2022
The IRS requires 1099 forms to obtain information on various nonemployee transactions, including payments to freelancers and legal services. Sounds simple, doesn't it? Keep track...
Posted by Pat Raskob on 03/24/2022
