Offshore Assets Reminder as Panama Papers Wrap Up
Few tax sagas reach the drama and intrigue that the Panama Papers have. The case is considered the granddaddy of offshore account data leaks and holds lessons for the uber-wealthy, yes, but also for the rest of us. The Panama Papers scandal erupted in April 2016, unveiling a colossal leak of 11.5 million documents from […]
Avoid These Latest Small Biz Tax Scams
It’s been a busy tax season for scammers bent on exploiting small businesses. Phishing campaigns that mention Employer Identification Numbers (EINs), tech support, and more are trying to lure you and your precious data to them. MalwareBytes has alerted small businesses about a scam that is seemingly offering help in applying for an IRS EIN/Federal […]
What Is a Digital Asset?
Now that all taxpayers must answer the digital asset question on their tax forms, it’s wise to learn what exactly a digital asset is and isn’t as it relates to taxes. The IRS defines digital assets as any “digital representation of value that is recorded on a cryptographically secured, distributed ledger or any similar technology.” […]
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