Did You Make Money with Cryptocurrency? How to Get Right with the IRS For early adopters of Bitcoin, Ethereum and other popular cryptocurrencies, the profit potential has been simply stunning. While there have been some heart stopping moments and frightening ups and downs, the clear long-term trajectory has been upward. If you are one of […]
Tax Resolution
What is a Levy? IRS and Other Asset Levies Explained
What is a Levy? IRS and Other Asset Levies Explained Falling behind on your debts is never a fun place to be. It’s less fun when a levy is placed on your assets. In this article, we take a look at what an IRS levy is, why it happens, and what you can do about […]
Avoid These 5 Common Tax Filing Mistakes That Can Get You In Tax Trouble
Whether you file the simple 1040EZ or a complex 1040 and a raft of schedules, making a mistake on your tax form could lead to big tax trouble. Something as simple as a math error or unsigned form could invite extra attention from the IRS. The tax agency sees those mistakes every year, and IRS […]
Think Tax Filing Season is Over? Why You May Need to File an Amended Return
Think Tax Filing Season is Over? Why You May Need to File an Amended Return Few people look forward to tax filing season. Unless you are an accountant who loves tax season, you probably dread this time of year, and you are thrilled when your return is in and your refund is on the way […]