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Digital Asset Reporting for Business Owners: Navigating the Proposed IRS Guidelines

The Internal Revenue Service (IRS) recently unveiled proposed guidelines on Digital Asset Reporting, highlighting the mandatory reporting requirements for digital assets, from cryptocurrencies to non-fungible tokens…

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U.S. Beneficial Ownership Information Reporting Begins

The U.S. Treasury recently enacted a new reporting requirement aimed at quashing illicit financial transactions. The agency believes that corporate anonymity is enabling money laundering, terrorism,…

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How to be Your Tax Pro’s Favorite Client this Tax Season

Why on earth, you may ask yourself, would I care about being a good client to my tax prep professional? I mean, you are a paying…

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