Cryptocurrency Audits and Investigations

Regulators are paying more attention to cryptocurrencies than ever. The IRS released cryptocurrency guidance in 2019 (Revenue Ruling 2019-24) that clarifies some of the income tax treatment of virtual currencies. At the same time, enforcement...

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The Biden Tax Plan

The Biden Tax Plan (Courtesy of the Tax Foundation 10/22/2020 article): Biden’s plan includes the following payroll tax, individual income tax, and estate and gift tax changes: Imposes a 12.4 percent Old-Age, Survivors, and...

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