February 20, 2020 HSBC In Hot Water Over U.S. Tax Evasion An international bank is in hot water after it admitted it helped hundreds of Americans hide over $1 billion in … Read More
February 17, 2020 IRS Plans to Step Up Cryptocurrency Enforcement With the value of Bitcoin passing $20,000 in 2020, the interest in cryptocurrency is at an all-time high. As cryptocurrencies continue … Read More
January 9, 2020 The IRS is Visiting More Businesses to Investigate Tax Issues The IRS’s Criminal Investigation Division is looking to pursue more cases in the coming years, especially those dealing with cryptocurrencies. … Read More
December 9, 2019 How did CHAMP v. Commissioner Change Things for Cannabis Businesses? Cannabis Tax Court Cases #1: CHAMP As a cannabis business, you will be audited. This is a fact. The IRS … Read More
December 2, 2019 Here’s How Having Check Signing Authority Got One Accountant Into Tax Trouble Every year the tax court looks at different cases and makes rulings that greatly affect taxpayers. We’re going to look … Read More
November 19, 2019 Celebrity Tax Trouble November: Real Housewives Star Hit with Tax Liens “Real Housewives of Beverly Hills” star Dorit Kemsley and her husband Paul have had tax liens filed against them due … Read More
November 8, 2019 What Tax Court Cases Have Taught Us: Felton v. Commissioner What Tax Court Taught Us: A Gift is not always a Gift Every year the tax court looks at different … Read More
October 3, 2019 How Tax Brackets Affect Your Income: Understanding Your Tax Rate One question we often get asked is how tax brackets work. A lot of people aren’t sure how income is … Read More
August 12, 2019 How Long Should You Keep Financial Records? A question we often get from clients is how long should you keep your tax returns and other financial records. Like many other … Read More
August 8, 2019 What Does Owning a Second Home Mean For Your Taxes? Are you buying a second home or a vacation home? If so, you need to know how buying a second … Read More
