by Andrews Tax Accounting & Bookkeeping | Jan 21, 2021 | Educational
Cryptocurrencies Can Involve Capital Gains and Income Taxes How does the Internal Revenue Service handle Bitcoin taxes? Like most questions for the IRS, the answer is, it depends. But with recent cryptocurrency prices soaring to new heights, you might like an answer...
by Andrews Tax Accounting & Bookkeeping | Jul 3, 2019 | Holidays
Money, Money, Money This 4th of July, Americans will spend billions of dollars on food and entertainment. What’s interesting to look at is how these ventures will be taxed, alcohol in particular. John S. Kiernan, with a panel of experts, put together an infographic...
by Andrews Tax Accounting & Bookkeeping | May 15, 2019 | Educational
The Act Last Monday, Governor Jay Inslee signed the long-term care trust act into law. The law aims to help future taxpayers afford the cost of long-term care. How Will it be Funded? The law will be funded through a payroll tax of 58 cents on every $100 of income. How...
by Andrews Tax Accounting & Bookkeeping | Feb 20, 2019 | Educational
Where is HQ2 Going? Remember all the news surrounding Amazon making another headquarters in New York? Well, that idea has been scrapped. Nevertheless, plans are still proceeding for the headquarters in Virginia. Virginia pitched several locations for Amazon to set up...
by Andrews Tax Accounting & Bookkeeping | Jan 30, 2019 | Educational
Tax Season The beginning of this tax season wrapped up the government shutdown and now the IRS is back at full capacity. But don’t get too excited yet. Just because the IRS is back doesn’t mean this tax season will be any smoother. According to the Washington Post...
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