In the current world of digital assets, cryptocurrency is one of the hottest topics. As some countries have legalized cryptocurrency, investors are always looking for places to pay lower tax on ...
In 2021, I discussed under this column the new tax-free exchange (TFE) provisions under Section 40(C)(2) of the Tax Code as introduced in the Corporate Recovery and Tax Incentives for Enterprises Act ...
Settlement agreement wording is important and can help avoid tax trouble. It does not bind the IRS, but helpful tax language in a settlement agreement can resolve audits.