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September 6, 2019

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Reality TV star indicted for tax evasion

The Department of Justice (DOJ) recently released an indictment for Todd and Julie Chrisley, from the show Chrisley Knows Best. The government has charged the couple with tax crimes including bank fraud and tax evasion. According to the government, the reality television stars would fraudulently obtain bank loans and failing […]

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Audits

August 27, 2019

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IRS or not? Agency warns of new impersonation scam.

The Internal Revenue Service (IRS) recently published a news release warning taxpayers of a new impersonation scam. According to the agency, the scam involves unsolicited emails sent to taxpayers asking for tax payments. Details of the scam: Bad link leads to malicious file The IRS encourages taxpayers to be on […]

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IRS

July 30, 2019

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Own digital currency? Expect a letter from the IRS.

The Internal Revenue Service (IRS) recently announced it will send out 10,000 letters to those who own cryptocurrency. The agency’s communications are geared to help better ensure tax compliance. The problem: tax compliance regarding digital assets is unclear, at best. What is the confusion? Two main reasons. First, the country […]

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IRS

July 15, 2019

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3 times summertime fun can mean tax savings

There are some activities that are synonymous with summertime: barbeques, boat rides, and family road trips are a few that often come to mind. In some cases, summer fun can lead to tax savings. Three examples to watch for include: Spring cleaning and donations. Just before summer kicks off, many clean […]

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Audits