Monday March 7, 2022 – Remember Obama Care (Affordable Care Act)? There was a provision within the Obama Care Act which would have required businesses to send 1099 forms for all purchases of goods and … Continue reading SNOOP Reverses $600 Venmo Reporting
Attorney Ira Jay Cohen
Friday March 4, 2022 – Attorney Ira Jay Cohen concentrates his practice in all aspects of family law. Since Ira Jay Cohen began his legal career in 1983, Mr. Cohen has concentrated his law practice … Continue reading Attorney Ira Jay Cohen
IRS Passport Revocation
Thursday March 3, 2022 – My office is getting lots of calls about passports. My clients (or soon to be clients) are receiving Notice CP508C – Notice of Certification of your seriously delinquent federal tax … Continue reading IRS Passport Revocation
Penalty for Underpayment of Estimated Tax Explained
Wednesday March 2, 2022 – Most of my clients run a small business. And small business owners generally are required to pay the IRS an estimated tax each quarter, because, the United States income tax … Continue reading Penalty for Underpayment of Estimated Tax Explained
Crypto Firsts Keep Comin
Tuesday March 1, 2022 – (Crypto Tuesday) Blockchain has been around for some time now, since at least 2008 – but most everyday we learn of new firsts. In June 2021 El Salvador become the … Continue reading Crypto Firsts Keep Comin
Warning: 2022 Tax Season
Monday February 28, 2022 – The IRS faced the “most challenging year taxpayers and tax professionals have ever experienced,” in 2021. This according to the National Taxpayer Advocate 2021 Annual Report to Congress. In that … Continue reading Warning: 2022 Tax Season
Attorney Larry Smith
Friday February 25, 2022 – Consumer protection attorney Larry Smith represents individuals in matters ranging from credit report errors, identity theft, employment background report errors, debt collector harassment, lemon law, fraud and much more. Attorney … Continue reading Attorney Larry Smith
Crypto Wednesday?? IRS Taxes Crypto Assets & Updates ID.me Policy
Wednesday February 23, 2022 – We focus on Blockchain Technology, including cryptocurrency, Non Fungible Tokens (NFT), & Decentralized Autonomous Organizations (DAO) every Tuesday in this space – we call it Crypto Tuesday. Every once in … Continue reading Crypto Wednesday?? IRS Taxes Crypto Assets & Updates ID.me Policy
Taxing Cryptocurrency
Tuesday February 22, 2022 – What better time to discuss how cryptocurrency is taxed then tax season – before there is a problem. While we have talked about taxing crypto many times – this little … Continue reading Taxing Cryptocurrency
PPP – Back In The News
Monday February 21, 2022 – The Paycheck Protection Program (PPP) administered by the Small Business Administration (SBA) provided over 11.7 million loans totaling nearly $800 billion in relief to over 8.5 million small businesses The … Continue reading PPP – Back In The News