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Most Americans will need to file their taxes every spring and the majority of them should be able to do so without much trouble. For certain businesses or individuals with significant assets or extra forms to fill out, this can...

If a taxpayer is delinquent on paying the taxes they owe, the IRS has the power to file a lien against their property until the debt is paid. But how does it really affect you? A lien resolution attorney can...

Many people do not realize that you can actually view your account profile for the IRS on their website and even request a transcript for a previous tax year. While this is highly convenient, you might be overwhelmed with information....

Taxpayers who engage in the gig or sharing economy, (Uber, Lyft, TaskRabbit, AirBnB, etc.) and others classified as independent contractors have different federal tax responsibilities than someone classified as an employee. Generally, once a taxpayer receives a Form 1099-NEC or...

Understanding the basis tax implication of cryptocurrency transactions can help individuals avoid issue with the IRS. There are three common transaction cycles with cryptocurrency: a Purchase-Sell Cycle, a Payment-Sell Cycle, and a Purchase/Payment-Exchange Cycle. Each transaction cycle has its own...

Tax Talk, Tax Section of the Maryland State Bar Association, Spring 2018 By John Pontius In December 2015, Congress passed and President Obama signed into law the Fixing America’s Surface Transportation (FAST) Act (Public Law Number 114-94), creating Internal Revenue...