The IRS really interested about your bitcoins and other crypto. You may have not noticed this, but it starts at the top of the first page of your Form 1040, where you find the following question right after the spaces…

Uh-no! The IRS audited your business and concluded that you misclassified some workers as independent contractors. The IRS says they are employees. You are worried—rightfully worried. 😲  If you got this wrong, the IRS will assess years of back employment…

If you’re an “experienced” homeowner, age 62 or older, you may need to tap into your home equity because you are “house-rich but cash-poor.” If so, you are not the only one.   But what are your options?   You…

In recent years, advances in technology have provided multiple opportunities for taxpayers to earn additional streams of income or start a new business altogether. The “gig economy” business models (such as Uber, Airbnb, etc), haven’t solely generated opportunities for entrepreneurs…

Depreciation is your best fried, when you own rental property. One reason depreciation is so valuable is that, unlike deductible rental property expenses such as interest and maintenance, you get to claim depreciation year after year without having to pay anything…