"Important Update: New IRS CryptoTax Reporting Rules on the Horizon" To get my complete, FREE articlewith all the details… The IRS unveiled a comprehensive framework outlining new tax reporting obligations for digital asset brokers, including trading platforms, payment processors, and wallet providers. Spanning over 280 pages, the proposed regulations … [Read more...]
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Ouch! The Estimated Tax Penalty Is at a 16-Year High
“Ouch! The Estimated Tax Penalty Is ata 16-Year High!” To get my complete, FREE articlewith all the details… Here’s a fact you sure better know... In our tax system, payments for income tax must be made to the IRS throughout the year as income is earned. IMPORTANT: Individuals and corporations that underpay their taxes during the year are assessed extremely … [Read more...]
Improper ERC Claim? Pay Back 80%, Keep the Rest
“Improper ERC Claim?Pay Back 80%, Keep the Rest” To get my complete, FREE articlewith all the details… Did you improperly claim an employee retention credit (ERC)? Well, if you expect the IRS to punish you with painful penalties, perhaps not. As things stand now, all you have to do is return 80% of the credit to the IRS and keep the remaining 20%, including … [Read more...]
Essential Update: Navigate the New 2024 Corporate Transparency Act Requirements
13 Answers on the New 2024 CTARequired BOI Reporting to FinCEN To get my complete, FREE articlewith all the details… Are you ready for the groundbreaking changes brought by the Corporate Transparency Act (CTA) effective from January 1, 2024? This is not just another legal update – it's a crucial shift in the financial landscape for certain defined small businesses … [Read more...]
Navigating Health Care Sharing Ministries
“Navigating Health Care Sharing Ministries” To get my complete, FREE articlewith all the details… You hear a lot these days about insurance plans. What isn’t talked about much at all are Health Care Sharing Ministries. (HCSM) What exactly is a Health Care Sharing Ministry? It’s a unique faith-based alternative to traditional health insurance. The origins … [Read more...]