by Tiffany Mellow | Dec 2, 2024 | Business Accounting, Business Taxes, Crypto Tax Regulations
From 2018 to 2025, the Tax Cuts and Jobs Act is offering a 20 percent deduction on pass-through business income, with specific eligibility criteria. This deduction impacts the choice of entity. For instance, should you operate as a sole proprietorship or an S...
by Tiffany Mellow | Sep 20, 2024 | Crypto Tax Regulations, Personal Accounting, Personal Taxes
If you invest or trade in Bitcoin, non-fungible tokens (NFTs), Stablecoins, or other digital assets, prepare for sweeping new tax reporting requirements. Congress wants the IRS to crack down on taxpayers who buy and sell crypto but don’t report or pay tax on their...
