The IRS is warning taxpayers about fake letters aimed at cryptocurrency holders. The letters claim you must register for an IRS “Digital Asset Compliance Portal” by a deadline—but that portal does not exist. The letter may include a QR code that takes you to a fake website designed to look like IRS.gov. Do not scan
You might have hear derogatory terms to refer to the IRS agents or to the entity in general, like "in my audit, I just threw them a bone to leave me away". However, this is nothing farther from the truth as in the recent years, the funding has been increased and the IRS employees has
In the IR-2022-45, the IRS reminds taxpayers of their reporting and potential tax obligations from working in the gig economy, making virtual currency transactions, earning foreign-source income or holding certain foreign assets. Gig economy earnings are taxable Generally, income earned from the gig economy is taxable and must be reported to the IRS. The gig
