5 Types of Tax Scams and How to Avoid Them In 2023
1: Text Message Scams Scammers are trying diligently to get in contact with taxpayers in any way that they can. So, the Internal Revenue Service (IRS) is warning taxpayers to…
Zelle’s Tax Loophole Puts Small Businesses at Risk in 2023
As we approach tax season, many small business owners are taking advantage of Zelle and assuming that their little reporting loophole will help them avoid paying taxes. Some other small…
IRS Form 1095-A Health Insurance Marketplace Statement tax blank lies with pen and many hundred dollar bills on calendar page. Tax period concept. Copy space for text
When Should You Expect to Receive Your 2023 Tax Refund?
One question people find themselves asking each year, even before tax season is when they should expect to receive their tax refund. This year is no exception, and while it…
Colorado Now Accepts Cryptocurrency for Tax
It’s official, you are now able to pay for your taxes with cryptocurrency. Starting September 1, 2022, the state of Colorado made it possible for residents to use various cryptocurrencies…
How Much Tax Should Be Deducted From Your Paycheck: 4 Important Factors to Consider
Tax season is here, and that means that you’re probably double checking all of your tax documents to make sure you don’t miss any deductions. However, there are a few…
How to Calculate Capital Gains on the Sale of Rental Property
When you sell a rental property, you may have to pay capital gains tax. Capital gains are the profit you make when selling something that has increased in value, such…
