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Cryptocurrencies. Ready for Taxman?

February 7, 2022 As virtual currency has garnered its wide popularity among public, it has also captured the IRS’s attention in recent...

Advanced Child Tax Credit – Good Idea?

As it often goes, it depends. For many, it may be exactly the lifeline that they need to manage childcare expenses as they arise. For...

To Form or Not to Form an LLC...

As a tax advisor I often get asked by my clients about a proper business structure for their new or existing businesses. Unfortunately,...

2018 Underpayment Penalty Guidance

Some good news from the IRS, well sort of... Today IRS issued Notice 2019-11 which  provides a waiver of the addition to tax under...