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News, Resources, and Legal Tips

FBAR Law: IRS Sues woman for FBAR violations

Overseas Account Cautionary Tale

Anyone with overseas accounts must file an annual FBAR report. Click through to read about a taxpayer who failed to do so and got sued for over a million.

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Cryptocurrency Law: Picture to accompany post about SEC saying that Bitcoin is not a security

SEC Declares: Bitcoin NOT a Security

The U.S. Securities and Exchange Commission declared that Bitcoin is not a security. Jump in to learn more about the decision and its industry impact.

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Cryptocurrency Law: IRS added crypto to Form 1040

New Form 1040 Include Cryptocurrency Section

Cryptocurrency has hit the mainstream! The IRS added a cryptocurrency section to Tax Form 1040. Also, what to do if you haven't reported crypto gains yet.

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Internet Law and FTC Law: FTC sued Match.com for allegedly ignoring scam bots for profit

FTC Slams Match Over Maybe Shady Tactics

The Federal Trade Commission is suing Match.com for allegedly ignoring bots and scammers that seduced people into paid subscriptions and other scams.

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Tax Law: What is the IRS audit window

How Long Does the IRS Have to Audit?

How long does the IRS have to audit you? How long do they have to collect back tax debts? Jump in for the answers to your tax audit questions.

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Online Marketing Law: Ryan Toy Review possible FTC censure

TINA Complains About Ryan’s Toy Review

TINA, a marketing watchdog group, sent a letter to the FTC complaining about YouTuber Ryan's Toy Review. Learn why and how to avoid the same fate.

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Cryptocurrency Law: Ohio decommissions bitcoin tax payment website

Ohio’s Bitcoin Tax Website Defunct?

Last year, Ohio launched a website where businesses could pay certain taxes in Bitcoin. But the state treasurer recently shut it down. But why!?

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New Foreign Reporting Rules for CFC Shareholders

Do you own stock in a controlled foreign company? Were you affected by the repeal of section 958(b)(4)? If so, we have some great tax news for you.

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Tax Law: Expat Tax Amnesty Program

IRS Offering Tax Deal Expatriates Can’t Refuse

The Internal Revenue Service is offering an excellent tax break for expats who want to expatriate but think they can't afford it. Jump in to learn more.

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