Tax Protection

Because of Biden, Your Trump Tax Cuts Will Likely be More Complicated This Year

IRS already sending letters to taxpayers warning them about the additional complications.

Venmo, PayPal and Cash App Will Now Have to Report Transactions

Venmo, PayPal and Cash App will now have to report transactions totaling more than $600 to the IRS as Biden plans to ramp up financial enforcement.

Alto Raises $40 Million to Help Individuals Make Tax-Savvy Investments in Assets Like Crypto and Artwork

Average investors are seeking slice of these markets, lured by potential of making outsized returns, even more appealing if they come tax-free.

$1,200 Checks From the IRS Delayed Until 2022

If your tax return had mistakes, claimed the recovery rebate credit, missing anything, etc. you may not see your return anytime soon.

The Rich Take Advantage of Democrats Waiving Taxes on Unrealized Capital Gains

Democrats appear to have nixed the idea of taxing returns on unsold stock and different assets, leaning toward alternate ways of raising income.

IRS Asks Americans To Pay Tax On Illicit Income

Have you received any bribes lately? Embezzled from your company? Got any stolen goods? The IRS would like to know if you are an American.

Elon Musk's $11 Billion Tax Payment isn't Enough for Pramila Jayapal

Musk's payment isn't enough for Jayapal who demands 'rich pay their fair share'. She appears to believe wealth, and not just income, should be taxed.