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IRS Budget and Workforce for 2023 – Relevant data that you should know

By |October 7th, 2024|Categories: Business, Individuals|Tags: , , , , , , , , |

The IRS shares details on how its budget is allocated to resources, the composition of its workforce, and many other details that

Crowfunding contributions might be considered gifts, equity or gross income

By |October 3rd, 2024|Categories: Business|Tags: , , , , , , , , , |

In the FS-2024-28, the IRS reminds us how to treat crowdfunding transactions. Note that there were several articles and posts published related

Cohan rule – Use of estimates for allowable business deductions without documentation

By |September 30th, 2024|Categories: Business, Individuals|Tags: , , , , , , , , , |

The Cohan rule originated from a case from 1930, but it is still applicable and used to this date. The Cohan rule

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