April 7, 2017

Where is the most current IRS guidance on Virtual Currency found?

The most current guidance on IRS virtual currency is found in Internal Revenue Bulletin:  2014-16. IRS Guidance on Virtual Currency: Excerpts from Internal Revenue Bulletin:  2014-16  […]
April 5, 2017

Why does BitCoin and other types of Virtual Currency draw so much attention from the Taxing Authorities and the Federal Government?

Why does BitCoin and other types of Virtual Currency draw so much attention from the Taxing Authorities and the Federal Government? This question is best answered […]
March 14, 2017
Owe the Board of Equalization Sales Tax?

What do you do if you owe sales tax to the CA Board of Equalization?

When it comes to resolving an outstanding balance due with the CA Board of Equalization (BOE), the taxpayer has to be proactive.  Proactive means that the […]
February 7, 2017

Do You have Unfiled Personal Income California Tax Returns?

Do you have unfiled personal income California tax returns?   If so, this is a great time to prepare and file original tax returns.  Believe or […]
February 7, 2017

What Do You Do If You Owe Money to the IRS and You Cannot Pay the Balance Due Right Away?

What do you do if you owe money to the IRS and you cannot pay the balance due right away?   The IRS offers streamlined processing […]
January 7, 2017
car dealer tax audit

Does my Car Dealership Need to Account for the Value of Trade-Ins?

Many car dealerships offer their customers and clients the option to trade-in a used car and truck prior to the purchase or lease of a new […]