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
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
In times of having low on cash, the option to get cash from your credit card is indeed tempting. But having a cash advance is not the same as withdrawing some cash from your debit...
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...
The pension crisis is a predicted failure of the currently practiced pension system’s ability to pay the pension of corporate and government-employed workers. Let’s help...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 10/31/2019
The cost basis for real estate as defined by the tax law of the United States of America as the original cost of real estate, adjusted for factors such as depreciation; it is the historical...
Posted by John Pournaras Agency 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
As a homeowner, it's imperative to know and understand the taxes you can deduct from your taxes because they will help you reduce your taxable income and reduce your tax burden....
Posted by Flynn Financial Group Inc on 10/29/2019
Every year, people spend the months of January and February organizing and preparing for the year. Personally, my organizing period really starts during the holidays: with every gift...
Posted by John Pournaras Agency on 10/29/2019