By now, we have all taken notice to the increase in gas prices. Let’s be honest, gas prices have skyrocketed. Thankfully, the IRS has taken notice and acted on this issue. Effective July 1st the mileage rate is now 62.5 cents per mile, up 4 cents from 2021. To break this down into dollars, let’s […]
A byte of the virtual currency market that is… If you haven’t heard about the recent regulation regarding virtual currency, or better yet if you have any virtual currencies…keep reading. On October 9, 2019, the IRS released additional guidance surrounding virtual currencies. Specifically tax treatment of a cryptocurrency hardfork and holding the currency as a […]
by Jasmine Lynch
by admin