August 5, 2019

IRS has begun sending letters to virtual currency owners advising them to pay back taxes, file amended returns; part of agency’s larger efforts

The Internal Revenue Service has begun sending letters to taxpayers with virtual currency transactions that potentially failed to report income…

August 5, 2019

Here’s the 411 on who can deduct car expenses on their tax returns

Taxpayers who have deducted the business use of their car on past tax returns should review whether or not they…

August 5, 2019

The Internal Revenue Service issued a ruling allowing taxpayers to use a tax-advantaged flexible spending account to pay for the…

August 5, 2019

On July 1, 2019, California’s Governor signed Assembly Bill 91 (A.B. 91”) into law. The Bill put California in conformity…