Crypto Mining in Trouble: The White House’s 30% Tax Proposal
President Biden just revealed new plans for the White House to persuade congress into passing a 30% tax increase on the electricity used for cryptocurrency mining. This comes as part…
6 Effective Ways to Reduce Your Taxes When You Have Children
Taxes can be a huge stressor and like most Americans, we're sure you're looking for ways to reduce your taxes. With the right knowledge and decision-making, taxes don't have to…
New IRS Warning: Fake W-2 Wages Will Result in Penalties
The IRS has issued a statement that warns consumers about a new scam going around that involves W-2 forms. This scam is being performed by people who are falsifying information…
2023 Massive Tech Layoffs and How They Hurt the Average Taxpayer
We're only a couple of months into 2023, and yet we're already seeing dozens of tech companies that have been resorting to laying off employees by the thousands. Facebook is…
What You Should Expect from Your 2022 Tax Refund
As of today, the IRS has issued nearly 8 million 2022 tax refunds. These tax refunds total roughly $15.7 billion dollars. The IRS is clearly working faster than they did…
IRS 1099 Free Filing: How it Works for Small Businesses
Just recently, the IRS opened up new portal to e-file 1099 forms for free. This is available for both individuals and small businesses and will likely cause big changes in…
