Top 10 IRS Criminal Prosecutions for 2021
J. David Tax Law receives this question weekly in our no-cost consultations: Does the IRS or State tax agencies really pursue criminal charges and put people in jail for tax crimes? The answer is unequivocally, YES. The good news is that in our estimation in 2021 alone our experienced criminal tax attorneys kept 81 clients […]
Meals & Entertainment Expenses for 2021 & 2022
We could think that lunch we take every day during labor hours or miles spent to go to work can be taken as an expense of our business or self-employed income. But the IRS has specific guidelines on what can be an expense in our tax returns. This is established in Publication 463, which is […]
Cryptocurrency Series Conclusion: How Crypto is Reported for Taxation by the Exchanges
In this last article in our series on cryptocurrency we will focus on how to address your cryptocurrency gains and losses and the potential tax liabilities it may bring. We will also look at the various ways your transactions are reported by the crypto exchanges to the IRS and other agencies. As more cryptocurrency exchange […]