[et_pb_section bb_built=”1″ next_background_color=”#0c71c3″][et_pb_row][et_pb_column type=”4_4″][et_pb_text admin_label=”Lead” _builder_version=”3.11.1″] 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 we are engaged as yourContinue reading “Fight IRS Audits”
Category Archives: IRS
Is my Bitcoin Taxable?
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] 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 currency with fiat currency this is not aContinue reading “Is my Bitcoin Taxable?”
Does it seem to good to be true?
As tax season begins we all need to vigilant in watching out for fraudulent tax schemes and identity theft. If you see something that looks to good to be true, then look out. A quick consultation with an enrolled agent can help you avoid making a costly mistake. The IRS has a site with helpfulContinue reading “Does it seem to good to be true?”