How to Handle All Those Forms
Saturday, February 17
How to Handle All Those FormsYour mailbox has started filling up with tax forms over the last several weeks and there are likely more to come. Getting your forms organized makes your tax filing easier for everyone involved. Here are some tips on how to handle all the forms you get and to head off...
Beware This Year's Tax-Season Scam
Saturday, February 17
Beware This Year's Tax-Season ScamScammers were very successful last year with a scheme to pry W-2 pay stub data away from employers. The IRS warned that it may be one of several techniques they use again this year.How the W-2 scam worksFraudsters simply identify employees with access to company ...
How to Navigate the World of Crowdfunding
Wednesday, February 14
How to Navigate the World of CrowdfundingCrowdfunding is a phenomenon in which entrepreneurs raise money to fund their projects through the Internet, typically by obtaining small donations from a large number of people. An estimated $34 billion was collected using crowdfunding campaigns globally ...
Taxes and Virtual Currencies
Wednesday, February 14
Taxes and Virtual CurrenciesWhat you need to knowVirtual currencies are all the rage lately. Here are some tax consequences you must know if you decide to dip your toe in that world.The IRS is paying close attentionThe first thing to know is that the IRS is scrutinizing virtual currency transacti...
Your New Life as a Pass-Through Entity Owner
Wednesday, February 14
Your New Life as a Pass-Through Entity OwnerAn initial look at the new business deductionIf you are a small business owner, your planning could get a lot trickier after the passage of the Tax Cuts and Jobs Act (TCJA). That's because most small businesses have legal structures that are treated as ...
New Tax Legislation Requires Planning
Tuesday, February 13
New Tax Legislation Requires PlanningThough many taxpayers appreciate the income tax cuts in the Tax Cuts and Jobs Act (TCJA) passed late last year, others are skeptical that it will simplify their tax planning. With every simplification, there are many more tax issues that still require planning...