January 10, 2018
Iowa Businessman Pleads Guilty to Tax Evasion, Faces Up to Five Years In Prison

Iowa Businessman Pleads Guilty to Tax Evasion, Faces Up to Five Years In Prison

According to a press release published by the Department of Justice, Iowa businessman Michael Collins, 49, pleaded guilty to a single count of tax evasion in […]
January 1, 2018
Newark Political Fundraiser Convicted of Tax Evasion, Wire Fraud

Newark Political Fundraiser Convicted of Tax Evasion, Wire Fraud

On November 20, 2017, Kiburi Tucker, 42, former political fundraiser and executive director of Newark-based child-care center The Center, pleaded guilty in Newark federal court to […]
December 29, 2017
Will I Be Audited by the IRS if I Use Coinbase to Buy, Sell, or Store Bitcoins?

Will I Be Audited by the IRS if I Use Coinbase to Buy, Sell, or Store Bitcoins?

The cryptocurrency or virtual currency “Bitcoin” has exploded in value since its debut, skyrocketing from fractions of a cent in 2010, when it was traded for […]
December 28, 2017
With Tax Reform Underway, is it Time to Repeal FATCA?

With Tax Reform Underway, is it Time to Repeal FATCA?

If you enjoy following politics, you are already aware of the major tax reform initiatives underway in Congress. The House and Senate, having recently passed different […]
December 27, 2017
Manafort Accused of Hiding Offshore Accounts in 3 Countries Known as Tax Havens

Manafort Accused of Hiding Offshore Accounts in 3 Countries Known as Tax Havens

Appearing in court with co-defendant and fellow political consultant Richard “Rick” Gates, former Trump campaign manager and veteran political operative Paul Manafort was charged in October […]
December 26, 2017
Can the IRS Track Bitcoin, and What Should I Do if I Failed to Report My Bitcoin Income or Capital Gains?

Can the IRS Track Bitcoin, and What Should I Do if I Failed to Report My Bitcoin Income or Capital Gains?

From inception, Bitcoin has been synonymous with privacy and anonymity due to the fact that users do not need to provide personal identifying information in order […]