Pay taxes for income on Cryptocurrency?

IRS came up with guidance in 2014. See IR 2014-36. You can find this on www.irs.gov and search for it. On their website, they use the term...

What do i need to do before contacting a tax specialist?

Your friend needs to do nothing before contacting a specialist other than finding a good specialist. Some of the persons posting an answer prior...

If you are a server at a restaurant and make $3.75/hour but don't receive a paycheck what can you do about this?

I believe it is legal and correct. However, the employer MUST provide a full accounting. His failure to do so can be resolved by reporting to...

Can hr block be held responsible for their tax professionals mistakes?

If you owe $6K more in tax that you should have paid last year if the 2016 was prepared correctly, I do not believe you have a cause of action. ...

Well, first of all, if she is your employer, you should be receiving a form W-2 and not a form 1099-MISC. Let’s assume for the moment that you are...

I would be curious by who told you that you are gong to be arrested. There are some scams going around with that language. The IRS does convict...

Tax law

If you have a green card, you are a US resident and required to pay taxes on your worldwide income. If you also paid income taxes (not sales) to...

Can I buy appliances for my rental house before the house finish construction? (Tax deduction purpose)

Such capital assets can be deducted when they are placed in service. Thus, you can (and should) deduct pursuant to the relevant rules for...

You are not responsible for your husband's tax debts for years you did not file jointly with him. IRS puts a lien on your husband, but not you for...

You are suggesting a retroactive change as we are nearly 11 months into 2017. Such changes are frowned upon. Also, any changes in tax impact must...