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U.S. taxpayers living abroad can use IRS Form 2555 to claim the Foreign Earned Income Exclusion (FEIE). This can save you thousands of dollars on your taxes when used correctly!
Need help understanding the requirements for IRS Form 5472, “Information Return of a 25% Foreign-Owned U.S. Corporation or a Foreign Corporation Engaged in a U.S. Trade or Business”? Learn who must file this tax form and how to file.
IRS Notice CP501 is a reminder that you owe money to the IRS. It’s important to respond in a timely manner, but you may not have to pay in full right away.
IRS Notice CP14 is the first of several notices for unpaid tax debt. It’s important to take action and keep the problem from getting worse.
Do you owe tax? Don’t panic. Here are 5 tips for handling back taxes and advice on how to avoid future tax debt.
Cryptocurrency “pig slaughter” scams are on the rise. Can you write off the loss on your taxes?
The IRS and U.S. Department of the Treasury on Friday released long-awaited regulations for digital asset brokers to report users’ taxable transactions on Form 1099-DA.
Two Supreme Court cases regarding the fishing industry could reshape the legal landscape for crypto.
NFT taxes are largely the same as cryptocurrency taxes, but they present some unique accounting challenges.
“This is a major turning point—your crypto taxes cannot be ignored anymore,” says tax attorney and CPA Andrew Gordon.
As a leading cryptocurrency law firm, Gordon Law Group guides clients through the intricate world of crypto taxes and other
The Financial Innovation and Technology for the 21st Century Act (also known as FIT21 or “the crypto bill”) recently passed the House with overwhelming bipartisan support and is now on its way to the Senate. This landmark legislation aims to provide much-needed regulatory clarity for the cryptocurrency industry.
DeFi, or decentralized finance, introduces a new world of investment opportunities and financial freedom. However, it also brings unique challenges
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