5 Tips If You Can’t Pay Your Tax Bill
When the IRS deadline is approaching and you can’t pay your tax bill, what should you do? Here are 5 tips from seasoned tax attorneys.
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When the IRS deadline is approaching and you can’t pay your tax bill, what should you do? Here are 5 tips from seasoned tax attorneys.
Are you getting error messages in your cryptocurrency tax software? Do the numbers seem way off? Don’t give up hope!
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.
From shared use property to Schedule E tax forms, there are many factors to consider regarding Airbnb taxes. But don’t
Whether you’re an entrepreneur looking to turn your passion into profit, or a hobbyist seeking to maximize your enjoyment while
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.
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.
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.
SDOP is an IRS amnesty program for U.S. residents who have unreported foreign income.
SFOP is an IRS amnesty program for U.S. taxpayers with unreported offshore income. Successful applicants get all non-filing penalties waived!
People often ask: Do Bitcoin and other digital tokens qualify as foreign assets under U.S. law? Answer: Not inherently. Cryptocurrency
The FBAR, or Foreign Bank Account Report, is a form that must be filed annually by individuals who have foreign financial accounts with a total combined balance of $10,000 or more. Failure to file can result in significant FBAR penalties for individuals to understand their obligations and how to avoid penalties.
Have you ever wondered what would happen to your wealth if you suddenly fell ill and could no longer work, or if the economy took a downturn and you lost most of your savings?
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