The IRS has the option to charge you with civil tax fraud. It can also conduct a criminal investigation and turn your case over to the DOJ for prosecution. The agency maintains the discretion about which course of action to…
Paying taxes on time can be stressful for many people, and it becomes even more alarming when you hear that not paying your taxes might lead to jail time. However, is that really possible in New York? The answer depends…
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…