IRS vs. Crypto: 5 Essential Tips to Avoid IRS Audits and Tax Penalties
Navigating the world of crypto taxes can be overwhelming, but the consequences of not doing it right can be even worse. The good news is
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Binance US Taxes Explained
https://youtu.be/f24PSq0O1EA If you’re struggling to file your Binance US taxes, rest assured that you’re not alone. Many Binance US users
March 3, 2023
Coinbase Taxes Explained
https://youtu.be/pTWUP7sbLcM If you’re a crypto investor, you may have realized that filing your Coinbase taxes can be a headache. The
February 24, 2023
Complete DeFi Tax Guide 2023
https://youtu.be/f6WRye57vRg The world of Decentralized Finance, or DeFi, has exploded recently, offering new and innovative financial services through blockchain technology.
February 23, 2023
Top 5 Problems with Crypto Tax Software
Are you getting error messages in your cryptocurrency tax software? Do the numbers seem way off? Don’t give up hope!
February 23, 2023
How To Navigate Celsius & FTX Tax Losses
The recent bankruptcy of several cryptocurrency platforms, including Celsius and FTX, has raised questions about how the IRS tax code applies to these unique situations.
The tax code generally permits claiming deductions or losses once the loss is complete and known. However, for these bankruptcy proceedings, you must still satisfy both criteria.
February 10, 2023
Airbnb Taxes: Unlocking the Secrets of Host Taxes
https://youtu.be/AqvDJ0FPb5w From shared use property to Schedule E tax forms, there are many factors to consider regarding Airbnb taxes. But
February 10, 2023
Classifying Hobby and Business Income
Whether you’re an entrepreneur looking to turn your passion into profit, or a hobbyist seeking to maximize your enjoyment while
February 3, 2023
Reporting Payment Card and Network Transactions on Form 1099-K
If you work for yourself and get paid through online payment services like PayPal or Square, you might receive a form called a 1099-K. This form shows how much money you received through that service during the previous year.
Even though it might seem like just another boring tax form, it’s actually really important to understand what it is and how to use it for your taxes.
February 3, 2023
OnlyFans Taxes Explained
If you’re a content creator on OnlyFans, you may seek ways to earn a quick buck. But before making money on the platform, you must understand OnlyFans taxes. The IRS has recently started contacting OnlyFans content creators regarding potential criminal investigations.
In this blog post, we’ll dive into the world of OnlyFans’ taxes implications to help you understand what you need to know to stay on the right side of the law.
February 3, 2023
FBAR Filing Requirements: Who Needs to File FinCEN Form 114?
Did you just learn about FBAR filing requirements? Are you worried that you should have filed one and scared about what will happen if you don’t?
January 27, 2023
Understanding Uber and Lyft Taxes
Are you thinking of becoming a rideshare driver for Uber or Lyft? Great idea! Not only is it a flexible way to earn extra cash, but it’s also a fun way to meet new people and explore your city. However, before you hit the road, it’s important to understand the Uber and Lyft tax implications of being a self-employed driver. Don’t let taxes put a damper on your earning potential.
January 26, 2023
Taxes for Venmo, PayPal, Zelle and more
In today’s digital age, more and more people are using money-transferring apps like Venmo, PayPal, Cash App, and Zelle to transfer money to friends, family, and businesses.
While these apps are convenient and easy to use, they may also come with tax problems.
January 19, 2023