2020 has been a unique year with lots of activities and interesting policies. With the distraction from the COVID-19 pandemic, it is easy to forget essential tax rules necessary. Also,...
Currently, there are numerous platforms in the e-commerce world that will reward you in bitcoin when you buy products or services from a list of specific suppliers. A quick Google...
Given that virtually all retirees receive social security benefits, it is apparently not unexpected that many fraudsters will present the program in fraudulent phone calls, emails,...
Posted by Carmen Garcia on 06/11/2020
The US Internal Revenue Service has postponed this year's tax day from April 15 to July 15, and that may mean that many Americans are not thinking about taxes during this difficult...
The internet came with many blessings for men, and making money is one of the benefits. As a result, there are many resources online that can help you make and grow your wealth. In...
There are four ways to stop paying taxes on your crypto earnings. If you're fed up with the IRS receiving half of your short-term profits and 20% of your long-term gains, here...
For Bitcoin (BTC), the year 2017 was a year to remember. While most Bitcoin bulls would rather forget the year after that. These digital assets are known to be volatile but exciting--...
Posted by YourIRSTaxAdvocate.com on 01/19/2020
If you need money to pay rent or pay a friend, you may be tempted to find it as quick and efficient as possible. And while a cash advance seems fast and easy, it can also be expensive....
Posted by Advanced Accounting & Tax Planning on 11/05/2019
The IRS have issued a new guidance on taxation all type of cryptocurrency. The guidance clearly states out the all the below revenue rulings: The cost basis assignment on a gifted...
Posted by YourIRSTaxAdvocate.com on 11/05/2019