1040 form with bitcon and ACT-E designation-jeffrey schneider

I Didn’t Report My Crypto Trades On Prior Year's Tax Return?

What Do I Do? I Didn’t Report My Crypto Trades On Prior Year's Tax Return? In 2014 the IRS determined that cryptocurrency was property for tax purposes. There are well-established rules for how to…


$458 Billion Owed in Back Taxes

If you thought you were getting away from the IRS before… apparently so did everybody else. The IRS is on a mission to collect nearly $500 billion owed in back taxes, and they’re not going to stop…


IRS envelope

Mail, Phone, Email or Facebook...How Does the IRS Contact Taxpayers?

  Mail, Phone, Email or Facebook...How Does the IRS Contact Taxpayers? When the IRS needs to contact a taxpayer, the first contact is normally by letter delivered by the U.S. Postal Service. The…