What You Need to Know About Tax Penalties and Interest
[et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”Text” _builder_version=”4.26.0″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″] Many individuals find it difficult to prepare, file, or even contemplate taxes, particularly when they are confronted with financial challenges that prevent them from paying them in full. Nevertheless, it is […]
IRS Shares New Crypto Tax Form, Invites Industry Input
[et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”Text” _builder_version=”4.26.0″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”] Out of an earlier version, the new U.S. tax form for crypto investors’ brokerage accounts has been significantly shrunk. For those paying U.S. crypto taxes, crypto’s 1099 form will “bring more ease and […]
5 Red Flags That Can Lead To An IRS Audit
My name’s Daniel Cotts, and as a licensed Tax Attorney, I’ve seen firsthand the fear and anxiety of receiving a letter from the IRS. At Cotts Law, we understand the stress that an IRS Tax audit can bring. If the IRS is pursuing you for back taxes or unfiled tax returns, we can help get […]