Correcting Misconceptions About Capital Gains Tax

“The elimination of sanctuary cities, payroll taxes and perhaps capital gains taxes, must be put on the table,” President Donald Trump tweeted on May. 6. The Democrats, led by House Speaker Nancy Pelosi, did not welcome the idea. It might seem like a political issue, just something that the Republicans and Democrats just cannot agree… Continue reading Correcting Misconceptions About Capital Gains Tax

Justice Department Publishes Cryptocurrency Enforcement

For years, the government has been at a loss on how to regulate cryptocurrency. It seems like it is making some headway as Attorney General William Barr announced the release of “Cryptocurrency: An Enforcement Framework.” This was released by the Cyber-Digital Task Force of the Attorney General. The framework tackles the challenges associated with cryptocurrency,… Continue reading Justice Department Publishes Cryptocurrency Enforcement

IRS Extends Economic Impact Payment Registration to Nov. 21

Good news to those who have yet to receive the Economic Impact Payment (EIP) as the deadline for registration has been extended to Nov. 21. The Internal Revenue Service (IRS) earlier announced the new deadline, which is five weeks later than the original schedule.  People who haven’t received the EIP and typically don’t file tax… Continue reading IRS Extends Economic Impact Payment Registration to Nov. 21