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For most people, the IRS is a confusing and frightening government entity. In fact, many people are unaware of how taxes and the IRS ultimately work. But, it doesn’t have to be such a big, scary beast. While the IRS… Read More
Archive for the ‘The IRS’ Category
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IRS Questions: Crypto Tax And How to Report It for Your Clients
When it comes to crypto taxes, understanding the nuances associated with them becomes increasingly important. In fact, properly accounting for any crypto taxes can make a huge difference for your clients. As a result, thoroughly understanding how to properly report… Read More
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3 Red Flags the IRS is Looking for in Your Audit
The IRS usually conducts audits through a random statistical formula, meaning that you should always be ready to be evaluated. If you’re managing your finances correctly and efficiently, you have nothing to worry about; the IRS will contact you by… Read More