Tax Law and Order: Ex-Cop’s Business Loss Denied
A retired police officer who collected and sold law enforcement patches claimed losses for seven years in a row. Predictably, the Tax Court disallowed the losses.
A retired police officer who collected and sold law enforcement patches claimed losses for seven years in a row. Predictably, the Tax Court disallowed the losses.
Taxaroo’s customizable features will be available to tax professionals to complement TaxAct’s suite of TaxAct Professional products, which provide scalable software and e-filing options for tax practices of all sizes.
The most common way for cybercriminals to steal bank account information, passwords, credit cards or Social Security numbers is to simply ask for them. Every day, people fall victim to phishing scams that cost them their time and their money.
Currently, a taxpayer may claim one of two education credits – the American Opportunity Tax Credit (AOTC) or the Lifetime Learning Credit (LLC) — for qualified expenses. However, as a new case shows, expenses must be paid to an eligible education institution. The parents in the new case claimed a credit for costs of their […]
A SAFT is basically the commercial instrument used to convey an investor’s rights in the token before the token has its full functionality. For instance, let’s say that a company wants to bring a token to market. Before that token is fully functional, ...
Under sweeping tax reform proposals being discussed in Congress, millions of taxpayers may no longer be itemizing tax deductions in 2018. This creates an added incentive to bolster 2017 donations.
With the Equifax data breach exposing the personal identifiable information (PII) of 143 million Americans this year, we will need to be prepared to receive and answer more concerns than ever from our clients about tax related identify theft this ...
For those of you that are in the cannabis industry or just starting out, you have no doubt either been hit with a large tax bill or you are about to be. However, it doesn’t have to be that way. There are many steps that you can take legally just by ...