by Matt Wright | Jul 31, 2018 | IRS, Tax Resolution
Being notified of an impending audit can be both frightening and overwhelming. IRS audits come in three basic varieties: the correspondence audit, the office audit, and the field audit. We can work with you to prepare for any type of audit. More importantly, once...
by Matt Wright | Jul 17, 2018 | Bitcoin, IRS, Tax Preparation, Tax Resolution, Virtual Currency
There continues to be a lot of confusion around how virtual currency is treated for federal income tax purposes. The IRS treats virtual currency as property. It is treated like any other property. Therefore all of the following are true: If you purchase virtual...
by Matt Wright | Jul 16, 2018 | ATS News
Advanced Tax Services has expanded the scope of the free consultation we offer clients. We will now include a review of your IRS transcripts as part of our standard free consultation. How Does It Work? We will begin with a discussion and find out more information...
