Not that long ago, international bank accounts were the perfect safe haven for those who didn't want to disclose all of their personal assets to the Internal Revenue Service (IRS). However, international banking has become much more transparent than it once was. Even...
Working The Puzzle From All The Angles
Month: February 2022
How can you settle your tax bill for less?
On Behalf of Demetrius J. Karos, Ltd. | Feb 28, 2022 | Tax Law
When the IRS informs you that you owe them money, ignoring them is not an option. Yet, as these can often be large sums, you may not have the means to pay your bill. If business has been down lately, you might feel that you will never be able to pay it. Yet, it will...
Have you reserved enough money to pay taxes on your NFT sales?
On Behalf of Demetrius J. Karos, Ltd. | Feb 25, 2022 | Tax Law
The economy constantly changes and evolves, so tax laws need to change frequently, too. Assets and transactions once overlooked by the Internal Revenue Service (IRS) because they were so niche have now become major players in the modern income tax system. For example,...