Like-Kind Exchanges Will Affect Your Business Like-Kind Exchanges is another article in a a series explaining how the various tax changes made by the GOP’s Tax Cuts & Jobs Act (the “Act”) affect your business, as well as you personally and your family. WorthTax wants to offer additional strategies you might employ to reduce your tax […]
Archives for March 2018
Cryptocurrencies and Taxes
Taxes on Cryptocurrencies, Virtual Currency, BitCoins Cryptocurrencies or Virtual Currencies are not common to some businesses. However, in case you are a business that deals with virtual currency, you want to pay attention to this article. We will discuss: Valuation, transactions, Character of Gain or Loss, Foreign Currency Transactions, Foreign Bank and Financial Account (FBAR) Reporting, Payment […]
Not So New Corporate Tax Filing Deadline
Corporate Tax Filing Deadline Change History Corporate tax filing deadline changes were made about two years ago. Congress made an update to the deadline for filing Partnership returns. The old deadline was April 15th. This deadline never made too much sense since the owners of the partnership could not complete their tax return until they […]
