Category: Tax Resolutions
2021 IRS Criminal Prosecutions: Top 10 List
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,...
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Cryptocurrency Conclusion: How Crypto Gets Reported for Taxation by the Exchanges
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...
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Cryptocurrency Continued: Currency in Computer Code
As discussed in our previous article, investors and cryptocurrency experts alike believe that tokens will one day be a widely accepted form of recognized currency. In this new era, you would make purchases and earn income in tokens like Bitcoin....