"Create a tax-freededuction for your smart phone" To get my complete articlewith all the details… Here’s good news (for a change!) from the IRS... If you and/or your employees use smart phones, youcan create some nice no-hassle, tax-free fringe benefits. Want to find out how you can take advantage of Uncle Sam’s largesse? Then put down your iPhone or … [Read more...]
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Important Update: New IRS Crypto Tax Reporting Rules on the Horizon
"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...]
New 1099-K Filing Rules Delayed Again
“New 1099-K Filing RulesDelayed Again” To get my complete, FREE articlewith all the details… Do you sell goods and services? Are you paid through a third-party settlement organization (TPSO) like PayPal? Then be aware... The IRS has changed the likelihood of your receiving a 1099-K. Again! So what happened? Because the IRS feared chaos, it has acted to … [Read more...]
2023 Powerful Last-Minute Year-End Tax Deductions for Your Business
"2023 Powerful Last-Minute Year-EndDeductions for Your Business" To get my complete, FREE articlewith all the details… All savvy taxpayers have the same goal. To maximize deductions and keep more of their money in their pockets. The sad problem is that all too many taxpayers don’t claim all the deductions they’re entitled to and, instead, leave money in Uncle … [Read more...]
Tax-Free Income From 14-day “Augusta rule”
“Tax-Free Income From 14-day“Augusta rule” To get my complete, FREE articlewith all the details… Are you running an S corporation? Then you should know about the Augusta rule. The Augusta rule gets its name from the Masters Golf Tournament where some members and others who live in the area, receive tax-free rent by renting their homes out for a week or two. … [Read more...]