Guiding You Through The Legal Process
The world of Syndicated Conservation Easements (SCEs) has undergone significant changes in recent years, particularly with the limitation of deductions in the tax code. No longer viewed as a tax savings strategy that can help save the environment, the IRS is seeking...
Imagine you're in a maze, but instead of walls, you're surrounded by numbers, forms, and some very confusing tax laws. Welcome to the world of cryptocurrency taxation! As you zigzag through this financial labyrinth, remember that the IRS is watching, and they've got a...
The Internal Revenue Service (IRS) has recently sent settlement offers targeting Syndicated Conservation Easements (SCEs) under audit. This initiative highlights the agency’s continued crackdown on the use of SCEs as cases progress through the courts. IRS provides new...
Yes. Any digital asset transactions that occurred must be reported whether or not they resulted in a taxable gain or loss. As the popularity of cryptocurrencies such as Bitcoin, Ethereum, and others continues to grow, understanding the tax implications associated with...
Navigating the financial landscape of marriage and divorce involves understanding the various tax implications. Both life events significantly alter how individuals file and manage their taxes. This blog explores key tax considerations for couples who are planning to...
With tax season just around the corner, you might be wondering if you might be a target for an IRS audit next year. Even if you are confident that you paid your personal and business income taxes correctly, an audit can be very time-consuming and stressful. It's...
While falling behind on tax obligations can be stressful enough as is, those who face similar issues may also have concerns about the repercussions they might face if they struggle to catch up on payments. Outstanding tax debts could trigger a variety of challenges,...
Identity theft is a type of issue that affects the lives of many individuals and those who encounter such issues could face various hardships in life. Those who steal another party’s identity could use this information to carry out numerous types of unlawful acts,...
While most individuals may wish to take every possible measure to stave off issues with back taxes, things might not always prove so simple. There may be a variety of scenarios in which individuals in Georgia might encounter similar trials, regardless of age. However,...
Preparing to seek relief from debt concerns can be a stressful process and there may be a variety of options to consider prior to choosing a path forward. While obtaining relief via debt forgiveness or cancellation can take a significant weight off one’s shoulders,...