by Harry | Sep 26, 2019 | Tax Info
The Alternative Minimum Tax (AMT) is a somewhat controversial tax. This separate tax was designed to ensure that higher income individuals pay their fair share of taxes. However, for many years, this tax was never adjusted for inflation. This meant that, over the...
by Harry | Aug 30, 2019 | IRS Info
Tax debt can be incredibly overwhelming. However, if you’re struggling to get out of tax debt, there’s an IRS initiative called the Fresh Start Initiative that may be able to help. But what exactly is the Fresh Start Initiative Program? And how do you know if you...
by Harry | Aug 20, 2019 | Guide
Identity theft is a a serious crime that is, unfortunately, all too common. Every year at tax time, identity thieves file fraudulent tax returns in order to steal the tax refunds of innocent taxpayers. So what can you do to make sure this doesn’t happen to you? What...
by Harry | Aug 20, 2019 | Tax Info, Tax Planning
Every year, criminals invent new ways to commit tax return fraud. Fraudsters look for ways to steal the sensitive data of taxpayers, which can help them commit tax-related identity theft. Identity theft can lead to a whole host of problems, including losing your tax...
by Harry | Aug 10, 2019 | IRS Info
Though cryptocurrency is designed to be a virtual currency, the IRS does not categorize it as a currency. Instead, the IRS categorizes cryptocurrency as property. For federal tax purposes, this means cryptocurrency must be reported just like physical assets or stock...
