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A Taxing Situation: Timely Tax Tips for Cryptocurrency Investors Until recently, cryptocurrency investors have mostly flown under the radar as far as taxes are concerned. Now those days are coming to an end, and many holders of virtual currency are … Continue reading
Self Employed be careful with your filing status. I can’t count how many times that I’ve seen the filing status destroy a marriage. Recently Judy came to me with an all to common problem. Judy has a very good job with … Continue reading
Part Time Income and Tax Debt. I have a growing concern about so many people finding ways to make money on the side. This could create a potential tax debt nightmare. Not the type of income where an employer withholds income. From … Continue reading
Rick & Mary are working on their OIC. The question had to do with two items and the asset values they would assign to each. The first item was a coin collection. The face value of the coins was $212.00. … Continue reading
The IRS claims that all of their installment agreement applications are designed for the average person to complete. While that might be so, there are circumstances where using a third-party, such as a Lawyer, is necessary. The IRS Agent’s goal is … Continue reading
He just doesn’t care I ran into a small business man from Mississippi the other day. He told me that regardless of what his 1040 says he owes he just sends in what he want’s or could afford. He also … Continue reading
Many of my stories comes right from my IRS contacts. This new story caught my attention and it happened right in front of me. Once in a while I go to the IRS just to BS with some of the … Continue reading