The IRS is seeing a wave of summer scams mercilessly targeting taxpayers. These include email schemes promising another round of Economic Impact Payments. There is a URL link imbedded in this...
Tax time is almost here again! This year is a little quieter because we do not have extras like stimulus checks or Advance Child Tax Credit payments to report...
It’s harvest time, but we aren’t talking fruits and vegies, we are referring to an investment strategy that can help you save money on taxes – Cryptocurrency Tax-Loss Harvesting....
Bitcoin rose from $8,000 per coin to over $40,000 in less than a year! That’s awesome, but now you have gains to account for in your tax return! Our...
Both Bitcoin and Ripple have become giants in the cryptocurrency world. Is that where the similarity ends? This article sent to us by Mintdice starts to answer that question...
We hear “Bitcoin” and “cryptocurrency” more frequently these days. They have becoming part of our every day language, and refer to an exciting new world of digital currency. It...
As with any store of value out there, cryptocurrency is susceptible to fraudulent activity in several ways. Bitcoin transactions being private, and unregulated, make it an easy target for...
What Is a Solo 401(k)? You may be familiar with term 401(k), as we previously discussed. These plans became available in 1981 as a way for companies to help...
Many are in the group that thinks Satoshi Nakamoto’s Bitcoin was the first virtual currency. At Arizona Tax Advisors, our focus is on recent and forward cryptocurrency tax news, but...
It’s been over a year of SEC debate, IRS stumbling around on how to tax cryptocurrency, and uncertainty on what to do with bitcoin! IRS certainly wants their share...