Tag: tax accounting

taxable income

Taxable Income: Key concept for your tax calculations

Taxable income it’s a subject you’ll face at least once a year – even more if you file your taxes quarterly. However,…
bitcoin owner irs calls

Did you receive a letter from the IRS about your Bitcoin?

Internal Revenue Service (IRS) sent a notification to Bitcoin holders. At the end of June, the governmental agency sent letters to more…
2 million ITIN will expire on 2019

2 million ITIN will expire in 2019: Renew yours now

Around 2 million ITIN (Individual Identification Numbers) of taxpayers will expire at the end of 2019, the IRS informed on June. The…
what to expect during a tax audit

What to expect during a tax audit from the IRS

You’ve been selected by the IRS but you don’t know what to expect during a tax audit? Don’t worry, we got you…

10 Tips to reduce the chances to get a tax audit from the IRS

You probably have seen ads stating that you can completely avoid a tax audit from the IRS if you follow certain steps.…
Plan and budget your estimated taxes

Estimated Taxes: Plan and budget how to do yours

Make sure to pay your estimated taxes and avoid penalties that will affect your budget. According to the Internal Revenue Service (IRS)…

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