Feature Article 
Digital Asset Final Regulations: What Tax Professionals Need to Know
In 2021, Public Law 117-58, the Infrastructure Investment and Jobs Act, §80603, required brokers to report transactions involving digital assets similar to stocks. This includes information on sale pr... Tynisa (Ty) Gaines, EA (She/Her)
Winter 2024,
Feature Article,
Form 1099-DA, Form 1099, Public Law 117-58, §6045, Form 1099-B, §80603, Reg. §1.1001-7, Infrastructure Investment and Jobs Act, broker, FMV, fair market value, digital asset, First-in-first out, Non-fungible token, Treasury Decision 10000, Revenue Procedure 2024-28, NFT, TD 1000, Notice 2024-57, Form 8949, stablecoins, Coinbase, Schedule D, Unemployment Insurance Reauthorization, Form 1099-S, FIFO, and Job Creation Act of 2010, crypto, tax relief, Public Law 111-312, Form 1040
Feature Article
Navigating Tax Relief: Understanding Injured Spouse vs. Innocent Spouse Relief
Tax professionals often encounter complex situations where marital obligations intersect with tax liabilities, especially when dealing with joint returns. In such cases, both spouses assume ... Desmond Hudson, EA