Your IRS Questions Answered Here…
Question: I was self-employed and haven’t been able to pay my taxes for 3 years. Now I’m a W-2 employee but I’m getting letters from the IRS demanding payment and threatening to garnish my paycheck. What should I do? Answer:  The IRS doesn’t like being ignored and they want you to know they won’t go […]
Funny Tax Quotes
“The only difference between a tax man and a taxidermist is that the taxidermist leaves the skin.†-Mark Twain “I am proud to be paying taxes in the United States. The only thing is I could be just as proud for half the money.†-Arthur Godfrey “Income tax returns are the most imaginative […]
Fortunes Have Been Made From Cryptocurrency and the IRS Wants it’s Share
If you invested $1,000 in Bitcoin back 2010, your investment would be worth roughly $35 million today. The IRS took notice that the number of tax returns showing gains from virtual currency were not in line with the number of investors. On November 29, 2017, the IRS ordered one of the largest websites for trading […]