What is the harvesting of tax losses?The tax-loss harvesting can be said to be the act of selling a security that has experienced loss. By observing or "harvesting" a loss,...
Posted by John Pournaras Agency on 11/13/2019
Millions of American taxpayers every year receive an unexpected mail from the IRS. There are two possibilities from that email: it is a simple matter that can be dealt with easily...
Posted by Flynn Financial Group Inc on 11/11/2019
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
Over 10 million Americans have side jobs, which they believe can be very helpful in achieving financial freedom, have more to spend, pay up debts, pay for a vacation and many more....
Posted by YourIRSTaxAdvocate.com on 11/05/2019
So you thought everything will be fine once you amended your tax return but what happens if the IRS rejected it? The process of determining what could have gone wrong won’t always...
Posted by Debi G Hill, CPA on 11/05/2019
It’s important to learn how to calculate cost basis if you own a real estate business. Calculating your annual depreciation deduction requires the basis. It’s also needed...
Posted by LLOYD J CAZES CPA on 11/05/2019
An amended tax return is a returned filed to either claim a more advantageous tax filing, or make corrections to a tax return from a previous year. The IRS is at liberty to reject...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 10/31/2019
If you are a full-time Forex trader, there are several significant tax benefits for those who are not available to more informal market participants. The bad news is that it is quite...
Posted by John Pournaras Agency on 10/31/2019
The Tax Cuts and Job Act is the most crucial series of amendments to the US tax code in a few decades. The vast majority of the amendments will come into effect in the 2018 fiscal...
Posted by Flynn Financial Group Inc on 10/29/2019
