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Category: Tax Planning

IRS Inflation Adjustments for 2021

The IRS has recently released their inflation adjustments for the tax year 2021. More than 60 tax provisions were revised including tax rate schedules and

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Taxing Issues Related to Cryptocurrency

Written by Jay Logal The IRS has made cryptocurrency (bitcoin) a hot button topic. They recognize that taxpayers are not reporting transactions involving bitcoin, and

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Depreciation Update for 2019

Depreciation is a great way to reduce your taxable income.  With 100% bonus and section 179 you can eliminate most or all your taxable income.