Tax Law

You did it. You finished up your long, dedicated career, and it’s finally time to take a well-deserved break. You worked hard throughout your adult life, and you’ve comprehensively planned for your financial future. It’s smooth sailing from here on...

Common law marriage is a non-traditional type of marital union that does not involve a ceremony, a wedding certificate or an officiant. Under such an arrangement, a couple lives together, acts as husband and wife and holds themselves out to the community as being...

You filed your tax return back in February. But you’re still sitting around waiting for your refund to arrive. What’s the hold up?The IRS usually turns your refund around fairly quickly—particularly when you file early. There are some common...

In a recent post, we reported on the results of a recent legal battle between the IRS and Coinbase—the results of which forced the cryptocurrency platform to release details about its users to the IRS. Income and assets through cryptocurrency have always been...

Going through the divorce process can be an overwhelming, emotionally exhausting experience. When it’s over, the resulting implications on your taxes can be complicated.We’re here to help guide you through the tax process following a divorce. In this...

You've heard that itemizing your expenses could save you money on your tax return. But you don't want to go to all the trouble of itemizing every deductible expense you accrued over the year only to discover the standard deduction is going to get you a bigger refund....

Preparing your tax return can be a complicated mix of math and tax-specific jargon that’s difficult to understand. One fundamental question that many tax payers struggle with is the difference between the various filing statuses—and the relative advantages...

It’s not mandatory for everyone to file a federal tax return. If your income was below a certain threshold last year, you may not be required to file a return this year either. We all know how tedious and confusing it can be to do your taxes. If you have a free...

If you just became a parent last year, you may be unfamiliar with how this life change impacts your taxes. The filing process is significantly different after you have kids, and many new parents miss out on important tax breaks. In this post, we examine a few key...

You may have heard the term “cryptocurrency” being thrown around in recent years. If you’re one of the early adopters of this digital currency transaction technology—e.g., Bitcoin, Ethereum, Litecoin—then this notice applies to you: The...