Financial problems can affect anyone, at any time. You may find yourself in a place where you are unable to manage your financial responsibilities, including paying your taxes. Illness, an injury that prevents you from working, loss of your job and many other factors...
While it might not be uncommon for those who constantly sell items online to encounter tax concerns, this didn’t always apply to those who sold a single item for a quick profit. However, recent changes to tax laws have changed the way online vendors report sales and...
An unexpected notification from the Internal Revenue Service in a mailbox brings feelings of dread for any taxpayer. They fear opening the envelope and reading what they believe to be dire news that will result in a serious bill with potential penalties. Those getting...
If you trade in cryptocurrency, you already know that 2022 was a bad year for the market, with many top cryptos worth a fraction of what they were a year ago. But that does not mean you will automatically be safe from IRS scrutiny. When you suffer a net capital gains...