It has been over a year since the Tax Cuts and Jobs Act of 2017 went into effect, but there are still a few changes coming. For example, the Affordable Care Act's shared responsibility payment -- the penalty for not having the right health insurance -- has been phased...
Filing a tax return may feel like a drag, especially if you believe you owe the government money. Perhaps you paid too little on purpose because you needed the cash in your account. No matter the reason, you are not in a rush to prepare that return.What happens if you...
Late last month, the IRS began sending letters to over 10,000 cryptocurrency investors warning them that they may owe taxes on their crypto gains. Whether you received a letter or not, you should be aware that cryptocurrency tax compliance is currently a top priority...
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