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2019 US Tax Tips: Bitcoin and Cryptocurrencies

2019 US Tax Tips: Bitcoin and Cryptocurrencies

Bitcoin and Cryptocurrencies – What You Should Know Before Preparing Your 2019 US Tax Return, FATCA, and FBAR   IRS, The Legend The Internal Revenue Service (IRS) has a stellar record succeeding where other law enforcement agencies fall short, from the legendary conviction of Al Capone to the take down of the “Silk Road” website […]

2019 Year-End Tax Planning

2019 Year-End Tax Planning

Year-End Tax Planning with Holiday Cheer As the holiday season approaches, there never seems to be enough time to plan your gatherings and celebrations with family and friends. Yet, it pays to spend a few moments to take stock of your taxes before the end of the year to mitigate your tax exposure, boost your […]

QBI Deduction Safe Harbor for Rental Real Estate Finalized

QBI Deduction Safe Harbor for Rental Real Estate Finalized

IRS Finalizes QBI Deduction Safe Harbor for Rental Real Estate On September 24, the Internal Revenue Service (IRS) issued Revenue Procedure 2019-38 that has a safe harbor allowing certain interests in rental real estate, including interests in mixed-use property, to be treated as a trade or business for purposes of the qualified business income (QBI) […]

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