You get a notice in the mail from the IRS. Your heart sinks to your stomach. Is this an audit? The odds are high that you’ve actually received a “soft letter” instead. While you can heave an immediate sigh of relief, your troubles really aren’t over just because this...
Month: December 2020
What do you do if you have a problem with your self-employment taxes?
Being self-employed, you may think that it’s easier to do your taxes yourself. However, even though you’re excited about building your business, you should know that it’s very easy to make mistakes that could come back to haunt you later. For some people, simple...
You have to pay taxes on your cryptocurrency earnings
Cryptocurrencies like Bitcoin have been around for more than a decade. With massive gains and market adjustments in recent years, cryptocurrencies have started to go mainstream. Bitcoin, Ethereum and Litecoin are all known brands of digital currency, but there are...