LATEST NEWS
Digital Brokers to Issue 1099-DA by February 17
A year ago, we indicated how the IRS and other
Hiring independent contractors became harder in 2024
We have numerous blog posts on the difference between a) employees and b) independent contractors based on the
Consider tax loss harvesting to reduce your tax liability
First, what is this harvesting? – no, you do not need to live in a farm. Tax loss
Restaurants in the cross hairs of the IRS authorities for tax evasion
At this point, our readers should be aware that there are certain industries that are more subject to
Tax owed vs Tax paid shows a gap of $696 billion for 2022
In the IRS IR-2024-262, the IRS estimated that there is a tax gap of around $696 billion for
MORE NEWS
BOI is on again – Deadline to file: March 21st, 2025
The BOI saga keeps going on – Now requirement is back on with deadline until March 21st, 2025. The daily fine is
Should you consider a Backdoor Roth contribution?
Brief History First let’s start with a brief history on the Roth IRAs and how paying taxes today might* avoid them at
One in five Americans has no retirement savings – what are my options?
With the increase cost of living (inflation) and other factors, one in five Americans has no retirement savings and over half of