The Government Shutdown: What It Means for Your Taxes & Student Loans
It’s been all over the news. We are currently in the midst of a government shutdown. Now that sounds bad, what does it really mean? And more importantly, what does
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How Virtual Money Can Cause Real Tax Damage: What to Know About Bitcoin Taxes
Bitcoins: they’re so hot right now. You’ve heard all about this type of cryptocurrency (or virtual money) investment. People are raving about how much Bitcoin value has grown since its
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Gambling Taxes: Report Your Winnings with Form W-2G
Lucky you! Maybe you won rolling dice, playing cards or betting on ponies. No matter how you won, you definitely had some cash flow coming in from gambling this year.
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The Basics of Taxes for Online Sellers
The internet is thriving now more than ever, which is good news for online sellers. If you’re a seller on eBay, Amazon or another online retail platform, you’re reaping the
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FBAR versus FATCA Form 8938: Reporting Overseas Assets
Having assets in a foreign bank account may sound very mysterious and exotic. However, it can lead to lots of confusion practically when it comes to reporting overseas assets to
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Rip-off Tax Preparers & How to Spot Them
When you take your taxes to a professional, you’re expecting to gain the peace of mind that comes with correctly prepared taxes. However, while you think you are doing the
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4 Questions to Ask When Filing a Paper Tax Return
Love the feeling of pen on paper? You’re not alone. Some taxpayers still prefer to file a paper tax return, even though the IRS encourages e-filing. In fact, the IRS
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