[USA Today] Did you get a sign-on bonus in 2021? You may be eligible for a big tax refund
by Elisabeth Buchwald
Cryptocurrency Taxation: A Basic Guide [Part 2 of 2]
If you missed Part 1, we outlined the basics of cryptocurrency tax, when you owe taxes on different types of trade (including when you receive crypto as a gift), calculating your cryptocurrency capital gain or loss, understanding different accounting methods when it comes to calculating this, and how to keep track of everything. This article …
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Cryptocurrency Taxation: A Basic Guide [Part 1 of 2]
Cryptocurrency is a relatively new concept, and when dabbling in the world of Bitcoin most investors aren’t thinking about taxes. With the IRS continuing to refine the compliance laws around cryptocurrency though, it is important to understand the rules of crypto tax. This article will be part of a two part series. We will cover …
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[Medical Economics] 5 financial benefits of owning your medical practice building
by Alexis E. Gallati
Foreign Gift Tax: Do I Have To Pay?
If you have received an inheritance or a gift from a foreign individual or company within the past year then this article is for you. We will give you a run down of all you need to know surrounding foreign gift tax. If you have received a gift/inheritance that is not cash, it is advised …
Superfunding 529 Plans: Rules, Pros & Cons
This article was written to help you answer the question: Should I superfund my 529 plan? First, let’s start with the basics. What is a 529 plan? With colleges and universities becoming more necessary in today’s world, but with tuition prices on the rise across the country, the 529 plan is something you should consider …
Nanny Tax Rules: Does It Apply To You?
Hiring a babysitter, or nanny, is a great way to have in-home care for your kids while you’re working, running errands, or doing whatever it is that you need to do sans-children. What you may not know is that the IRS sometimes considers these caregivers to be “household employees”, and therefore requires employment taxes (or …
Advance Child Tax Credit – Changes for 2021
What is the Child Tax Credit? The Child Tax Credit was first introduced in 1998 as a part of the Taxpayer Relief Act of 1997 as a $500-per-child non-refundable tax credit. This meant that a taxpayer could not claim the full credit amount, if their total tax liability was less than the $500-per-child credit. In …