A cryptocurrency can be defined as a decentralised digital asset and a medium of exchange based on blockchain technology.  What Are CryptoCurrencies? In layman’s terms, cryptocurrencies are digital currencies designed to buy goods and services, similar to other currencies. However, they have largely been controversial due to their decentralised nature, meaning their operation without any

With the staggering rise and fall of some cryptocurrencies such as Bitcoin and Ethereum, crypto traders may have serious tax questions on their minds. The Internal Revenue Service (IRS) is stepping up enforcement efforts, and even those who hold the currency — let alone trade it — need to make sure they don’t run afoul

It is already mid-December and the year is winding down quickly. Now is the time to plan for 2021 tax reporting. Of course, the typical year-end tasks of tax projections and paying estimates are always on the “to do” list, but here are some special 2021 tips – many of them reminders — to help

Oklahoma state tax: Overview Oklahoma state tax is a plus for many homeowners since median property tax bills are far below the national average. And with income tax rates that max out at 4.75%, higher earners might won’t pay as much as they would in many other states. However, not all taxes in Oklahoma are

Marriage, divorce, side hustles, giving birth, getting sick — all these life changes trickle onto your tax return. These tips can help. Marriage, divorce, side hustles, giving birth, getting sick — all these life changes trickle onto your tax return. These tips can help. Yep, we’ve been through it this year. Oh – I’m not

As of January 2020, EndHomelessness.org reports that there were over 580,000 homeless people in the United States. This includes individuals who have no housing or shelter, working taxpayers who are unable to secure housing due to costs, and those who live in shelters. If someone you know is experiencing homelessness, the Taxpayer Advocate Service (TAS) asks