To get my complete, FREE articlewith all the details… NOTE: In this email, we’re defining “cryptocurrency” as digital money that can be accepted as payment by willing partners. Think Bitcoin and other “coins.” Be warned! The IRS is now taking a close look at your cryptocurrency activities. That’s right. The IRS is now strictly enforcing compliance with the … [Read more...]
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Double Trouble: Disaster Strikes, Then You’re Hit with an IRS Audit
To get our complete, FREE articlewith all the details… Consider the following frightening scenario. Your office burns to the ground in a fire and you barely escape with your life. But did you also escape with your computer systems and paper records? I sure hope so. You see, if you don’t have backups of crucial documents, you could be in a world of trouble. Why? … [Read more...]
Deducting Business Casualty Losses: You Don’t Need a Disaster
Disasters are always terrible when they strike,but you can reduce the pain! Read the full article to find out how…“Deducting Business Casualty Losses:You Don’t Need a Disaster” Let’s talk disasters.Okay. This isn’t an upbeat subject, but if you’re ever hit with a disaster, you’ll be glad you read the full article. You see, the article explains, in detail, the crucial … [Read more...]
Congress Passes Corporate Transparency Act: What It Means for You
Say goodbye to privacy.Say hello to new reporting requirements. Read the full article:“Congress Passes Corporate Transparency Act:What It Means for You” Are you running an LLC or a corporation? Then be prepared for an important change in the law… Starting in 2022, the new Corporate Transparency Act (CTA) goes into effect… For the first time, federal law will … [Read more...]
Lawmakers Extend the Tax Extenders With the COVID-19 Relief Law
Okay. Let’s pretend you’re back in college and you have to turn in an essay to your professor by Monday. But you know that you can’t meet that deadline so you ask your prof for an extension. Well, that’s what lawmakers have done. They’ve granted themselves an extension (and didn’t even have to ask anyone for permission!) Here’s why lawmakers wanted to put things … [Read more...]