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  • IRS to Taxpayers: Don’t Forget to Report Tip Income

    May 14, 2021
    IRS to Taxpayers: Don’t Forget to Report Tip Income

    With restaurants beginning to open more fully due to a break in the coronavirus pandemic, employees in the food and…


  • Cryptocurrency and the Form 1040

    May 7, 2021
    Cryptocurrency and the Form 1040

    Public fascination with cryptocurrency tends to follow dramatic gains and losses in the market. While the latter results in pundits…


  • IRS Reminds Taxpayers to Prepare for Natural Disasters

    May 4, 2021
    IRS Reminds Taxpayers to Prepare for Natural Disasters

    It was a wise man indeed who first warned us to “hope for the best, but prepare for the worst.”…


  • IRS Reminds Taxpayers About Offer in Compromise Program

    May 3, 2021
    IRS Reminds Taxpayers About Offer in Compromise Program

    Sometimes, taxpayers find themselves with a tax bill they just can’t satisfy. The taxpayer is willing to pay, but the…


  • New Draft Schedules K-2 and K-3 Announced by IRS

    April 30, 2021
    New Draft Schedules K-2 and K-3 Announced by IRS

    Partnerships and S corporations that will have to report “international tax matters” in 2022 can now review the new draft…


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