Estate planning is often thought of as something that's only necessary for those over 60. However, this could not be further from the truth. The fact is that the future is uncertain for everyone. Therefore, anyone who has assets should have an estate plan in place....
Working The Puzzle From All The Angles
Month: April 2021
IRS issues warning to corporate and wealthy tax evaders
On Behalf of Demetrius J. Karos, Ltd. | Apr 21, 2021 | Tax Evasion
The head of the Internal Revenue Service (IRS) issued a stern warning to corporations and individuals of means last week. He noted that they better either pay up the $1 trillion in taxes he alleges that they owe or otherwise prepare themselves to face the...
When do you need to claim your bitcoin on your taxes?
On Behalf of Demetrius J. Karos, Ltd. | Apr 6, 2021 | Tax Law
Bitcoin has been around for more than a decade, but it recently rose to prominence a few years ago when the price started to surge. All of a sudden, it went from a niche concept backed by some people online to a potentially mainstream investment. Although the market...