On behalf of Pridgeon & Zoss, PLLC | Aug 22, 2019 | IRS
The IRS doesn’t send unsolicited emails at all, and it certainly doesn’t email taxpayers about the status of their refunds. That’s the first thing you need to know if you receive an email that looks like it came from the IRS.The agency and its...
On behalf of Pridgeon & Zoss, PLLC | Aug 16, 2019 | Tax Controversy
Now that the Tax Cuts and Jobs Act is fully in effect, let’s take a look at some common tax problems you may be facing as a contractor or “gig economy” worker. Failure to pay quarterly estimated taxesGenerally, people who are self-employed or...
On behalf of Pridgeon & Zoss, PLLC | Aug 9, 2019 | IRS
The 2017 Tax Cuts and Jobs Act changed a number of things, eliminating many traditional tax exemptions and raising the standard deduction so that itemizing was much less common. As a result, the IRS recommended that people reconsider their 2018 tax withholdings and...
On behalf of Pridgeon & Zoss, PLLC | Aug 2, 2019 | Delinquency
The IRS taxes cryptocurrency as capital gains, but it requires taxpayers to disclose every transaction, whether or not it resulted in gains or losses. If you have invested in Bitcoin or another digital currency and haven’t disclosed it to the IRS, you may not...