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Searching Content indexed under Tax by J. Troy Terakedis ordered by Published Date Descending.
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IRS Notifying Owners Of Virtual Currency To Report Transactions
The IRS has recently began sending letters to certain owners of virtual currency (e.g., Bitcoin, Ether, etc.) regarding requirements for reporting transactions involving such virtual currencies.
United States
8 Aug 2019
2
New Tax Bill Introduced To Improve IRS And Taxpayer Protections
On March 28, 2019, U.S. Senate Finance Committee Chairman Chuck Grassley (R-IA) and Senator Ron Wyden (D-OR) introduced new tax legislation referred to as the Taxpayer First Act of 2019.
United States
12 Apr 2019
3
Tax Court Rules Against Cannabis Dispensary
In Patients Mutual Assistance Collective Corporation (dba Harborside Health Center) v. Comm'r, 151 T.C. No. 11, the Tax Court held, among other things ...
United States
19 Dec 2018
4
NOL Deduction Modified By New Tax Rules
A "net operating loss" ("NOL") arises when the amount of a taxpayer's business deductions for the current tax year exceed its gross income for the current tax.
United States
5 Apr 2018
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