Many taxpayers feel uneasy when they open a letter from the IRS and see that they owe penalties. The good news is that the IRS offers opportunities to remove or reduce penalties in certain cases. If you have received a…
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…
As the end of the year approaches, the window is closing on measures that can save you money on your taxes. A seasoned tax professional can provide further guidance on the ways that you can save on your 2022 tax…