It seems every year there are changes to the Internal Revenue Code (IRC). It is a challenge, even for tax pros, to keep up with the ever-changing tax code. Massachusetts taxpayers also have an added challenge in keeping up...more
11/9/2021
/ Alimony ,
Capital Losses ,
Debt Forgiveness ,
Federal Taxes ,
Income Taxes ,
Individual Retirement Account (IRA) ,
Internal Revenue Code (IRC) ,
Pensions ,
Roth IRA ,
Social Security Income ,
State Taxes ,
Tax Code ,
Tax Planning
Since the start of the global pandemic this past March, day trading has become a way for some to spend their newfound free time while quarantining at home. For others, day trading has filled the void that was left when sports...more
Since the MGM casino opened in August, gamblers have reportedly wagered more than $428 million on MGM Springfield’s slot machines that generated about $40 million in revenue for MGM and reportedly another $18.5 million in...more
The year 2017 could be described as the year of the Bitcoin and other “virtual currencies,” with Bitcoin having appreciated 1800% since the beginning of the year and Ethereum, at one point, having appreciated 8,000% since the...more
12/14/2017
/ Bitcoin ,
Capital Assets ,
Capital Gains ,
Capital Losses ,
Federal Taxes ,
Financial Reporting ,
Income Taxes ,
Investors ,
IRS ,
Tax Liability ,
Virtual Currency