Federal Income Tax
Do You Pay Taxes on Settlements?
You generally don't have to pay tax on personal injury and emotion distress settlements, but other types of settlements are taxable.
Federal Income Tax
1099 vs W2: Which Is Better for Employee?
Some people get 1099s and others get W2s. You can deduct expenses with a 1099, but W2 pays a lower tax rate. Learn which is ...
Crypto Tax
How to avoid capital gains tax on cryptocurrency?
Yes, you generally pay tax on your meme crypto gains. But here's six ways to avoid capital gains tax on cryptocurrency.
Criminal Tax
What is the difference between civil and criminal tax fraud?
The difference between civil and criminal tax fraud can mean the difference between a monetary fine and years in jail.
Civil Tax Penalties
Are penalties and interests tax deductible?
Unfortunately, IRS penalties and interest are not tax deductible. Learn about the different type of IRS penalties.
Staking Rewards
How does crypto staking get taxed?
Crypto staking rewards are taxable. But there are ways to save, and at least one federal court case seems to indicate things may change.
Criminal Tax
Types of tax fraud
There are many different types of tax fraud. Some will subject you to monetary fines and penalties, while others will lead to jail time.
Foreign Bank Reporting (FBAR)
How to Fix FBAR Errors?
There are several ways to fix an FBAR error. But some options are better than others (and some increase you chance of audit).
Foreign Bank Reporting (FBAR)
What happens if FBAR is filed Late
Late FBAR filings can be subject to a $10,000 penalty. Or, potential criminal consequences if the failure to file is intentional.
