Recent Articles
Major Changes to Health Insurance
Free HIV-Prevention, Expanded Breast Surgery Options, and Better Coverage for Cancer Screenings The IRS, Department of Health and Human Services (HHS), and Department of Labor (DOL) recently announced big changes to health insurance rules that could make a real difference...
Ninth Circuit Court Upholds IRS $150,000 Tax Penalty
California Ruling Sends Strong Message Against Tax Evasion and Frivolous Claims The Ninth Circuit Court of Appeals recently delivered a strong message to taxpayers trying to avoid their tax obligations. On October 24, 2024, a California court ruled against an...
Tennessee Couple Challenges IRS Over Staking Tax on Cryptocurrency Tokens
Should Cryptocurrency Earned Through “Staking” Be Taxed Before It’s Sold? A Tennessee couple, Joshua and Jessica Jarrett, is challenging the IRS over how cryptocurrency earned through a process called “staking” should be taxed. The Jarretts believe that tokens created through...
Former Corporate Lawyer, E.L., Sentenced for Tax Evasion and Extravagant Spending
Ex-partner at major U.S. law firms faces prison for failing to pay federal taxes A former corporate lawyer from two large U.S. law firms has been sentenced to 16 months in prison for tax evasion. The lawyer, referred to here...
IRS Expands Deductible Medical Expenses and Preventive Care Benefits for HDHPs
New IRS guidance allows tax deductions for contraceptives and more accessible preventive care options through High Deductible Health Plans (HDHPs). The IRS has announced important updates to what qualifies as deductible medical expenses and what preventive care benefits can be...
Tax Strategies for Event Technology Providers
A Guide to Equipment Rentals, Technology Development, and Operational Costs: Maximizing Deductions and Minimizing Liabilities Event technology providers play a crucial role in ensuring the success of corporate meetings, live conferences, virtual events, and hybrid experiences. As the event industry...