R&D Tax Credits May be Part of the Next Tax Relief Bill
R&D Tax Credits, Next Tax Relief Bill
Category: Tax and Financial News
HEROES ACT Can Combat Economic Downtown
HEROES ACT, Health and Economic Recovery Omnibus Emergency Solutions Act
IRS Questions and Answers on COVID-19 IRA and 401(k) Loans & Distributions
The CARES Act stimulus package substantially relaxed the rules around certain retirement account loan and distribution requirements, but with much confusion. As a result, the IRS recently put out a…
Be Right About Free Money: Potential Legal Risks of the Paycheck Protection Loan Program
Paycheck Protection Loan Program
Should You File an Amended 2018 Return?
Amended 2018 Tax Return
Taxes and Tariffs: The U.S. Response to France’s Digital Tax
France’s Digital Tax
Avoid IRS Trouble by Reporting Bitcoin Cash
IRS guidance on the tax treatment of cryptocurrencies already exists. Right now, the IRS considers cryptocurrencies to be “intangible assets.” As a result, they are subject to capital asset treatment. However, recent developments complicate matters. On Aug. 1, Bitcoin split into two separate cryptocurrencies – Bitcoin and Bitcoin Cash. The currently issued guidance does not … Continue reading “Avoid IRS Trouble by Reporting Bitcoin Cash”
