In our no-cost consultations, J David Tax Law in Jacksonville, FL receives this question weekly: Will the IRS or State tax agencies really pursue criminal charges, and do they put people in jail for tax crimes? The answer is undeniably,...
You might think that lunch you take every day during labor hours or the miles you spend going to work should be taken as an expense of your business or self-employed income. However, the IRS has very specific guidelines as...
This last article in our series on cryptocurrency focuses on how to address cryptocurrency gains and losses and the potential tax liabilities it may bring. We also cover the various ways your transactions are reported by the crypto exchanges to...