Learn all the tax ramifications of buying, selling, and trading cryptocurrencies What is Bitcoin? Is it currency? Is it a commodity? Is it a passing fad doomed for a crash or a permanent sea change in investment and commerce? Only the future will determine the answer to that latter question, but how cryptocurrencies like Bitcoin, […] Read more “Bitcoin and Your Taxes: The IRS Wants Its Cut”
Category: Individual taxes
If you’re new in business, we don’t have to remind you that securing investment is the name of the game. Luckily for our Illinois-based small business clients, there’s a helpful tax credit program, which you might qualify for, that makes investing in early-stage, innovative companies advantageous for investors. The impact for you (if your company […] Read more “Investor Tax Credit – Do You Qualify?”
Halloween is this Friday, then Thanksgiving and Christmas are just around the corner. The popular time for wedding season appears to be late Spring continuing through the end of the Summer (and some of us often spend our weekends attending weddings all summer). Of course, weddings are a lot of fun and they are a […] Read more “Tax Benefits for Being Married”