10/10/2019
Resolving a long-standing question, the guidance says new cryptocurrencies created from a fork of an existing blockchain should be treated as “an ordinary income equal to the fair market value of the new cryptocurrency when it is received.”
09/26/2019
The tax continues to increase with income, so net worth between $250 and $500 million is taxed at 3 percent, $500 million to $1 billion at 4 percent, $1 to $2.5 billion at 5 percent, $2.5 to $5 billion at 6 percent, $5 to $10 billion at 7 percent, and all
09/20/2019
Switzerland said requests for information may be submitted from the date of entry into force of the Protocol, September 20, 2019.
09/16/2019
The “Ultra Millionaires Tax” should be a red flag for anyone who believes in personal responsibility, hard work, and private property.
08/09/2019
According to a new study from LendingTree, which analyzed IRS data from 2016, Florida is the number one largest beneficiary from relocations out of all 50 states – by a landslide.
08/02/2019
Now the IRS intends to find taxpayers who used OVDP, but have since fallen out of compliance, and will use its audit-based tools in order to bring them back into compliance.