Finding out that a tax lien has been filed against your property is never something you want to hear. According to the IRS, a tax lien is automatically put into place if you do not pay your tax debt after receiving your first bill from the IRS. A Notice of Federal Tax...
A business tax audit is an examination of relevant records and documents related to the business. An audit is primarily done by the IRS to ensure that business transactions are correctly reported or identify cases of fraud and errors. What is the purpose of a...
There have been many changes in how people and businesses operate because of the pandemic. One of the biggest changes to the status quo was seen in the Massachusetts state of emergency declaration on March 10th, 2021. As a result, there was the passing of...
Colombian pop star Shakira (given name Isabel Mebarak Ripoll) faces trial for tax evasion in a Spanish court. Judge Marco Juberias found "sufficient evidence of criminality" and recommended that her case goes to trial for failure to pay 14.5 million Euros (about $15...
A $1T infrastructure bill will ultimately lead to two significant changes in the largely unregulated cryptocurrency industry. First, an as-yet indefinite group of people will be required to begin reporting cryptocurrency-related activity and income. And second, the...
Finding ways to avoid sales tax may seem like a smart way to save money, but a decrease in Massachusetts tax revenues makes state costs increasingly difficult to manage. These costs include things like road fixes and public school funding. Consumers buying...
