Income Tax Return Archives - FREE Yourself from IRS Problems

Shamsey Oloko January 24, 2025 401k, Federal Tax Liens & Levies, Income Tax, Income Tax Return, IRA, Levies & Liens, Retirement Accounts 0

Can the IRS Take Your 401(k) For Taxes Owed?

Many people who owe back taxes wonder how far the IRS can go. Some fear that the government might take funds from a retirement plan, such as a 401(k), to cover unpaid debts. These worries can grow when you receive…

Shamsey Oloko January 16, 2025 Income Tax, Income Tax Return, New York Property Tax, New York Sales Tax, New York State Tax, Uncategorized 0

Tax Implications of Owning Digital Assets in New York: What the Latest IRS Guidance Means for You

Owning digital assets such as cryptocurrencies, NFTs, and stablecoins can feel exciting and full of possibilities. Yet, recent changes in IRS guidance may affect the way you buy, sell, and hold these assets in New York. Many people who trade…

Shamsey Oloko January 13, 2025 Business Tax Credits, Income, Income Tax, Income Tax Return 0

Top Compliance Mistakes Offshore Account Holders Make and How to Avoid Them

Holding accounts in foreign banks can bring certain benefits, but it can also require close attention to tax rules in the United States. If you do not follow these rules, you may face trouble from the IRS. Many people with…