Form 8300 Archives | EA Journal

Feature Article

What Enrolled Agents Need to Know About Form 8300 and Digital Assets

Businesses who accept cryptocurrency (crypto) as payment and many tax practitioners who provide compliance services for those businesses were relieved to hear that the Internal Revenue Service (IRS) has delayed the require... Amber Gray-Fenner, EA, USTCP

Summer 2024, Feature Article, cryptocurrency, crypto, FBAR, Foreign Bank and Financial Accounts, Financial Crimes Enforcement Network, FinCEN, Social Security, Form 8300, §6050I, Non-fungible token, NFT, beneficial ownership information, BOI, U.S. Securities and Exchange Commission, SEC, §6045(g)(3)(D), decentralized finance, DeFi, Notice 2024-4, Infrastructure Investments and Jobs Act, digital assets, §183, Treasury Regulation 1.183-2

Important Things to Know for Tax Year 2021 Returns

Tax News Briefs

Important Things to Know for Tax Year 2021 Returns

Infrastructure Investment and Jobs Act On November 5, 2021, Congress passed the Infrastructure Investment and Jobs Act (H.R. 3684), which President Biden is expected to sign into law. The new law addresses provisions rel... TheTaxBook

Jan/Feb 2022, Tax News Briefs, corporation, Tax Court, Form 8300, Consolidated Appropriations Act, employee retention credit, Infrastructure Investment and Jobs Act, American Rescue Plan Act of 2021, §7508A, §408, Robert T. Stafford Disaster Relief and Emergency Assistance Act, §118, gross income, virtual currency, fair market value, §142(a), §45Q(f), Notice 2021-63

Feature Article

Anti-Money Laundering: A Primer

The Problem Despite the prevalence of credit and debit cards, Cash App, and Venmo, cash still is, in many circles, king (or queen). As of November 11, 2020, there was US$2.01 trillion in circulation.Ellie Nava-Jones, EA

Mar/Apr 2021, Feature Article, immigrants, marijuana, FBAR, FinCEN, Form W-2, Colorado, cash-intensive business, Form 1099, AML, anti-money laundering, Financial Bank Account Reporting, PATRIOT Act, Form 8300, Bank Secrecy Act, CTR, SAR, BSA, Form 112, Form W-3, Schedule 1, Washington, TIN